Blue Star Helium gearing up to spud initial production well
November 14, 2023 at 02:31 pm EST
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Blue Star Helium Ltd (ASX:BNL, OTC:BSNLF) CEO Trent Spry tells Proactive the company’s initial production well, BBB #33, at the Voyager Project in Colorado, USA, is scheduled to spud in the week commencing November 27. Drilling contractor, Hydro Resources Rocky Mountain Inc, has advised that it will spud BBB #33 following the completion of their current job. Final site works are being undertaken and a spudder rig will be used to set the surface conductor in preparation for arrival of the main drill rig. Drilling operations are expected to take six to 10 days to reach planned total depth (TD) of drilling. The well will be wireline logged at TD for two days after which it will be flow and pressure tested for five days.
Spry said: “I am looking forward to being in the field to oversee the drilling of our first production well.
"It is an exciting time for Blue Star as we await not only the results of this first production well but also the final drilling approvals for an additional four helium production wells that can be tied into our first helium production facility operated by IACX.
“These further approvals will bring our initial production drilling inventory to six wells and the flexibility to optimise drilling of the discovered resource at Voyager with the BBB #33 well being the first.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Blue Star Helium Limited is an Australia-based independent helium exploration and production company. The Company is engaged in finding and developing new supplies of high-grade helium in North America. It has an on-going helium prospect generation program focusing on Utah, Colorado, Arizona and New Mexico. The total land position of the Company and its subsidiaries in Las Animas County, Colorado totaled approximately 306,581 gross (224,316 net) acres. The Company has contiguous leasing prospects, including Serenity, Enterprise, Pegasus, Galactica and Voyager.