Helium Evolution (HEVI), and its partner, North American Helium (NAH), have reported positive preliminary results from three wells in the Mankota area of southern Saskatchewan. The 2-31 well demonstrated a significant increase in productivity following stimulation, with a flow rate of ~4mmcf/d (vs the previously announced 1.3mmcf/d) and a helium concentration of 0.95%, implying potential helium production of ~14mmcf/y. The 9-35 Well demonstrated a flow rate of ~7mmcf/d with a 0.64% helium concentration, which indicates about 16mmcf/y. Meanwhile, the 9-18 well, set for imminent stimulation, initially reported a 0.78% helium concentration. HEVI and NAH are currently planning the 2024 schedule and aim to construct production facilities during the year.
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