Just over a week ago, Pulsar Helium reported helium concentrations of up to 12.4% at its Jetstream #1 appraisal well in Minnesota, a milestone that the company’s President and CEO described as “truly world-class” when he recently sat down with gasworld.
Pulsar is relatively new to the market, having begun activities in 2019, but its founders have decades of experience, having also founded Helium One Global, operating in Tanzania.
The foundation of the company was obtaining the mineral rights to the Topaz helium project in Minnesota. The project was introduced to Pulsar founders by Pulsar’s project advisor, Phil Larson.
Topaz was discovered by chance in 2011 when a mineral explorer was drilling for platinum- palladium but instead intersected gas. The gas was analysed by two different laboratories, which agreed the helium content was 10.5%. The mineral explorer departed, then Pulsar arrived and obtained the mineral rights for all industrial gases.
... to continue reading you must be subscribed
