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Recap - Helium One Achieves First Gas at Colorado Project as Initial Revenues Come Into View

Technical teams are now focused on optimising plant performance and stabilising throughput to meet early offtake commitments. The first helium tube trailer is already on site and being filled, signalling the commencement of sales activity. Blue Star is pursuing a combination of short-term sales agreements to generate immediate cash flow, alongside longer-term offtake contracts intended to support predictable and scalable revenues over time.

Looking ahead, further well tie-ins and infill drilling are planned to increase supply to the plant and underpin a meaningful ramp-up in production through 2026. Management believes these steps will enhance Helium One’s position as an emerging domestic source of helium for the US market, where supply remains structurally tight.

source advfn

Previously released RNS just for another re-cap!

Next Steps: Finalising Development Planning and Commercial Production

Following the successful conclusion of the 2025 drilling campaign, the focus is now on advancing the Galactica development into initial commercial production from the Pinon Canyon Plant. This plant will be designed and operated by Cimarron Midstream (previously IACX Energy LLC) and will be installed close to the Jackson-31 well.

Phase 1: Commercial Production from Pinon Canyon Plant (Target: Q4 2025)

The primary target is to commence initial commercial helium production from the Pinon Canyon Plant. This will be achieved by tying in the initial group of producing wells to this helium and CO2 processing plant.

Key activities to achieve this include:

1. Finalising Plant Design: Engineering design studies for the Pinon Canyon Plant are advancing with flow data and gas analysis from the recently completed drilling campaign being integrated. The final design of the helium and CO2 processing plant will be determined once all of the gas analysis and flow modelling has been completed.

2. Site Development: Civil works will commence at the approved Pinon Canyon Plant location once the final plant layout is determined.

3. Equipment Mobilisation: Following site preparations, mobilisation of the plant equipment to the Pinon Canyon site will be undertaken.

4. Well Tie-Ins and Compression: Tie-in of initial production wells, including any necessary well-site gas compression, will proceed alongside plant site civil works.

5. Commissioning: Upon completion of the Pinon Canyon Plant and individual well tie-ins, the plant will be tested and commissioned. This is subject to standard operational permits, environmental compliance, and final readiness assessments.

This initial production phase is designed to provide early cash flow and invaluable operational data, which will be instrumental in optimising full-field development plans for both the Galactica development and the broader Galactica-Pegasus Project.

All production fo

If the pump works and the gas flows at meaningful rates and grades, that’s material now, not after a consultant puts a stamp on it. So, to be clear: the company has historically released meaningful flow figures when tests were sufficiently complete (e.g., the EWT) but who knows! GLTA

"https://*********************/newsfeed/article/helium-one-global-ld-galactica-project-update-3142365"

here is a report from research tree published on 20th jan 2026: https://*********************/newsfeed/article/helium-one-global-ld-galactica-project-update-3142365