North American Helium has spud Helium Evolution’s third farmout well in Saskatchewan, Canada, pursuant to a previously signed farmout agreement.
The well is the third of seven to be drilled by North American Helium of Helium Evolutions lands by 31st March 2024.
Test Well #3 is situated approximately 10 kilometres northwest of the North American Helium helium discovery at Mankota.
North American Helium is responsible for 100% of the drilling costs for Test Well #3, while Helium Evolution retains a 20% working interest in the well.
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