RE: Sagebrush Test – What Results Will Move The Share Price?25 Apr 2026 12:08
Might as well stick in Bluestar helium's results, JV partner of HE1. So folk can see by comparison what we are hoping for, or better.
Bluestar are producing as well
Blue Star Helium (ASX:BNL) has reported multiple successful helium well tests in Colorado, particularly within its Galactica-Pegasus project and the Great Plains field. Key results from 2025 demonstrate helium concentrations ranging from 0.41% to 3.3% and flow rates reaching up to 740,000 cubic feet per day (cfd) (or 740 Mcfd).
Key Well Flow Rates and Helium Percentages (2025)
Bubba State 3 (Great Plains): Flowed at a sustained rate of 740,000 cfd, with helium concentration around 2.01%.
Aloha Mula 12 (Lincoln County): Recorded a constrained flow rate of 3,000,000 cfd (3,000 Mcfd), with 1.41% helium.
State 09 (Galactica): Flowed at over 360,000 cfd (max 600,000 cfd potential) with 1.52% helium.
Jackson 29 (Galactica): Flowed at approximately 320,000 cfd (max 550,000 cfd potential) with 3.30% helium.
Jackson 27 (Galactica): Flowed at over 320,000 cfd (max 550,000 cfd potential) with 0.41% helium.
Jackson 02 (Galactica): Flowed at over 250,000 cfd (max 500,000 cfd potential) with 1.22% helium.
Jackson 04 (Galactica): Flowed at over 190,000 cfd (max 450,000 cfd potential) with 1.18% helium.
State 16 (Galactica): Recorded a significant increase to 2.17% helium, with a max potential flow rate of 441,000 cfd