RE: The RNS today will only gain appreciation15 Jun 2026 15:00
Very interesting update from QHE today.
🔹 2.5% helium confirmed by laboratory analysis🔹 Consistent with the historical 2.76% results🔹 Reservoir connectivity confirmed following stimulation🔹 Pressure build-up reached ~90% of virgin reservoir pressure🔹 More than 80 barrels of oil recovered🔹 Potential oil rates of up to 40 bopd gross🔹 New hydrocarbon play identified
The CEO's comment stood out to me:
"The preliminary results obtained to date have exceeded our expectations in several key areas."
And perhaps even more importantly:
"This programme is about determining the optimal engineering solution for producing that helium, not proving its existence."