RE: ๐๐ญ๐ฎ๐ฆ๐๐ฎ๐ฅ๐ ๐๐๐ฌ๐ญ-๐ ๐ฐ๐๐ฅ๐ฅ ๐๐ฅ๐จ๐ฐ๐ฌ ๐ก๐๐ฅ๐ข๐ฎ๐ฆ (๐.๐%) ๐ญ๐จ ๐ฌ๐ฎ๐ซ๐๐๐๐23 Feb 2024 12:56
"we are flowing high concentrations of helium to surface, and those concentrations are far higher than any other pure helium producing fields globally. Many US and Canadian fields have hydrocarbons as a byproduct, and have less than 1% concentrations.
โWe did things differently at this well, we tested it, and had our own independent verification at site. The samples and flow-testing were analysed at site, so weโre very confident what that 4.7% tells us."
"Another favourable outcome was the high geothermal gradients which werenโt expected to be so positive at shallow depths, Blaisse added. โMoving forward, we would be hoping to harness whatโs in the earth to generate electricity to power any plant, that would keep our CAPEX costs down.โ
"The company identified three zones for well testing, and upon completion of each DST, all three zones successfully yielded downhole gas samples."