Helium8 Sep 2018 09:44
Although the purpose of this exercise was to examine natural gas production rates in the Eagle Formation only, analysis performed at two independent gas laboratories confirmed the presence of 0.31% to 0.33% helium at Helios Two in the Muddy Formation. This is similar to the concentrations of helium exploited at the Hugoton Field in Kansas and Texas, the USA's largest helium resource, which is obviously very exciting for Highlands.