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Q4'23 Will See Several Material Helium Exploration Wells

Q4'23 will be an exciting period for helium exploration across different regions. Pulsar will drill the maiden helium exploration wells at Topaz in Minnesota, while Helium Evolution and North American Helium (NAH) have spudded the Joint Well #1 in Saskatchewan and discovered traces of helium. In Tanzania, Helium One is drilling at the Tai-C Rukwa prospect and is expected to reach TD in 4 weeks while Noble Helium has set up the rig to commence drilling the Mbelele-1 helium well. Global Helium plans to drill two wells in Alberta. Grand Gulf Energy is set to spud the Jesse-3 well in Utah and finish completion works on the Jesse 1-A appraisal well. Avanti Helium is progressing with the WNG 10-21 appraisal well in Montana. VVC plans to complete eight Syracuse wells and test two helium and natural gas system wells in northwest Kansas.

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