Colorado exploration well finds helium, CO2 and nitrogen
The Galactica helium project in Las Animas County, Colorado shows early return concentrations of helium (1.18%), carbon dioxide (85.93%) and nitrogen (12.89%), following Jackson 4 well flow tests and gas analysis.
The project is being developed under a joint venture with Blue Star Helium and Helium One Global. The former also announced the spudding of Jackson 29 SWNW 3054 development well yesterday.
Tent Spry, Blue Star Managing Director and CEO, said the gas resource findings at the southern edge of the project were in line with expectations and provide further evidence of the Lyons reservoir’s “deliverability”.
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