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Blue Star Helium Expects 5 Wells to be Approved by Sep'24

Blue Star Helium announced that the Colorado Energy and Carbon Management Commission is set to approve five new development well locations by Sep'24. Following the hearing, the company anticipates a two-week final permitting phase, aiming to begin drilling in Q4'24. These wells are part of an initial gas gathering system intended for integration into the Galactica helium production facility, which is also targeted for completion and operational tie-in during the quarter.

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