First Helium will this quarter (Q2) drill two prospective helium targets in Worsley Property, located in Alberta, Canada.
The helium exploration company on Wednesday (17th May) unveiled its ambitions as part of its plan to target potential natural gas accumulations, which are expected to contain commercial quantities of helium and natural gas.
It is hoped helium content ranges from 0.5% to 1.9% will be discovered by First Helium.
Ed Bereznicki, President and CEO of First Helium, said, “We are excited to be returning to the field to drill two select helium targets from our large inventory of potential helium and oil drill prospects identified on the Worsley Property. Strong cash flow from our successful oil operations will help fund the summer drilling programme.”
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