Imperial Helium confirms sufficient deliverability from IHC-Steveville-2 and IHC-Steveville-3 wells


Imperial Helium Corp has confirmed raw gas deliverability of 10-15 million cubic feet of helium per day (MMcf/d) from its IHC-Steveville-2 and IHC-Steveville-3 wells in Alberta, Canada.

Confirming its findings today (23rd March), the helium discovery firm said production test results from the Blow-out Zone (BOZ) in IHC-Steveville-2 had rates of 5-8 MMcf/d and in IHC-Steveville-3, preliminary deliverability estimates from the BOZ combined with production test analysis of the new Sub-Salt Zone (SSZ) of 2.5 MMcf/d.

Together, the results suggest that Imperial Helium has deliverability capacity of 10-15 MMcf/d of raw gas for more than three years, before experiencing a 15% per year decline over an estimated 10-15 years.

Dr. David Johnson, President and CEO of Imperial Helium said, “We are incredibly excited by what we are seeing from IHC-Steveville-3. The strong response of the BOZ and new SSZ in IHC-Steveville-3 confirms sufficient deliverability from booth IHC-Steveville-2 and IHC-Steveville-3 to produce 10-15 MMcf/d of raw gas for three years before declining.”

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