Blue Star/Helium One Report Good Flow Rates and 3.3% He at Jackson 29; Receive Approval for He Plant

Blue Star Helium and Helium One's Jackson 29 well at the Galactica project hit TD at 1,183 ft in the Lyons Formation and naturally flowed ~320mcf/d of raw gas containing up to 3.30% helium. This translates to a helium production rate of 3.8mmcf/y from this well assuming no decline.

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