Helium30 Aug 2024 08:52
We all know that the commerciality is still to be declared, but facts from the last RNSs state that we have 'Significant elevated helium' in both the Amsden and the Charles. In addition, Amsden results 'demonstrate a clean reservoir', so Amsden is likely to be commercial. Charles has much higher Helium shows, but more info required re reservoir, although they state the well has confirmed helium in the previously identified gas system (ex Froze to Death 175ft and Tresure #18-1 145ft), so very likely that also Charles is commercial. Flathead 7,410 ft and Pre Cambrian 7,750 ft: last RNS states 'elevated Helium' throughout the Cambrian from 6,815 ft to TD 8,030 ft ie covering Flathead and Pre Cambian, 'significantly elevated hydrogen in Cambian Strata (really positive), during the last interview DM mentioned Hydrogen 'can suppress helium readings in the mass spectrometer'. Just guessing as we don't have reservoir or exact helium numbers, but the Flathead is the main helium 'producing' section in Montana, combine that with our initial results and one should also here hope for commerciality. Overall nothing is certain but as DM mentions 'delighted to see the results with helium shows on every one of our target horizons and some bonus hydrogen in the Cambrain'. DYOR