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Royal Helium Receives Permits for Climax-4

Royal Helium has been granted a permit to drill and produce on Climax-4, the company's fourth helium well. The well is scheduled to spud on August 7th as a production offset well to Climax-3. It is estimated to take ~14 days to drill to the well's total depth of 2,700 meters followed by testing and production analysis which will take 4 - 6 weeks.

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