Member Info for Folio

Zoffy - Neghead cheerleader - nothing to say as usual ....

"The newly approved wells, located south and southwest of the successful State-16 well, are expected to contribute to the initial gas gathering for the jointly developed Galactica helium production facility."

Production .....

Via Proactive - https://www.proactiveinvestors.co.uk/companies/news/1060705/helium-one-gets-greenlight-for-5-more-wells-in-colorado-1060705.html

Panic Sherbet ....

Mr desperate , Sorry start of Rerate ....

Sherbert - They have already stated how . Now troll off you are getting tiresome...

Pre AM and across Alliance News ....

Alliance News) - Helium One Global to start drilling at new wells for Galactica-Pegasus project in Q4

Saves some trawling through RNS ...

MMs looking promising on the Bid / ASK already ..... surely that will keep Sherbert happy .....

Sound like you are panicking - Market open at 8AM unless you try an early DM trade... Why are you getting so worked up ......

Producer , producer sells stuff and expands and or uses some of that capital to do other work.

Not difficult to understand.

Moving on from just exploration ......

Sherbet you are mad - you cannot even work out which wells are covered lol.....

Sharbel

This work is funded - careful with what you post . The projects are funded into 2025 .

HE1 RNS. LINK - https://polaris.brighterir.com/public/helium_one/news/rns/story/w3lkgjw

Lorna Blaisse, Chief Executive Officer, commented:

"These approvals enable the drilling phase to commence, and we very much look forward to entering this partnership with the Blue Star team and starting this exciting drilling programme this quarter."

ASX ANNOUNCEMENT

15 November 2024

FIVE ADDITIONAL HELIUM WELLS APPROVED FOR DRILLING

GALACTICA/PEGASUS

Highlights

▪ ECMC has approved permits to drill five additional helium development wells at our

Galactica/Pegasus project.

▪ The 5 additional wells, together with the successful State 16 well, which is suspended ahead

of tie into production, are expected to form part of the initial gas gathering into the Galactica

helium production facility.

▪ Drilling planned to start Q4 2024.

Blue Star Helium Limited (ASX:BNL, OTCQB:BSNLF) (Blue Star or the Company) provides an

update on helium development well permitting at its Galactica/Pegasus helium project in Las

Animas County, Colorado.

Galactica/Pegasus drilling permits approved

The Colorado Energy and Carbon Management Commission (ECMC) has granted permits to drill

five additional helium development wells (Jackson 27 SWSE, Jackson 31 SENW, Jackson 29

SWNW, Jackson 2 L4 and Jackson 4 L4) at the Galactica/Pegasus project. Drilling is planned to

start this quarter.

These wells are located on Galactical Pegasus OGDP I (see BNL ASX releases dated 17 October

2024, Five Additional Helium Well Locations Approved Galactica-Pegasus). The wells are shown

on the map below.

The newly approved wells are located to the south and southwest of the successful State 16

development well, which is suspended for tie into production, and are expected, together with State

16, to form part of the initial gas gathering into the Galactica helium production facility which the

Company is developing with its farm in partner, Helium One Global Ltd.

Currently, the Company has 1 completed development well waiting for tie into production and an

inventory of 15 helium development well locations approved at Galactica/Pegasus including Form

2 approvals for the drilling for 8 development wells including those the subject of this

announcement plus State 09, 35 and 36 helium development wells (see BNL ASX release of 9

January 2023, Helium Development Well Permits Approved).

Are you really asking that Blubay? .Snow - there are plenty , one of the largest Helium fields is the Amur Gas field in Russia.

Just Google winter drills. GPS is handy - they know where they are drilling and what to expect .

Perhaps ICE Road truckers is more your thing......

Colin enlighten us to exactly what the placing you refer to is, or is it the one that hasn't been spent yet .....

- also missed out ...." my *Brain ....." as Blubay pointed out the different date system.....

They were approved on the 13th US time - so strange there wasn't an ASX release today . Hate how the US date , for a minute my was nah not 13 months in a year .....

For those that missed the Podcast link from Earlier - 38 Mins in is Lorna - https://www.gasworld.com/story/podcast-helium-super-summit-2024-review/2146718.article/

Muldooon chill - Gold is mainly in an upward trend , there will be some volatility at peaks and when some chase what they think is the solution. A market correction will be good for gold and GCAT in the long term.

Strong Dollar weaken Gold, and one Country did say it was about to purchase quite a lot - perhaps some traders are looking longer term for the rebound.

Here is the Podcast link - Lorna starts 38 Minutes in : https://www.gasworld.com/story/podcast-helium-super-summit-2024-review/2146718.article/