15th Nov 2024 13:50
Helium One Global Ltd - Tanzania-focused helium exploration company - Says the Colorado Energy & Carbon Management Commission has approved permits to drill five more helium development wells at the Galactica-Pegasus project in Las Animas County in Colorado. These wells will form part of the initial gas gathering into the Galactica helium production facility, along with the State 16 well, which is suspended ahead of tie-in to production. Helium One completed a farm-in agreement with Blue Star Helium Ltd at the project at the beginning of November, and drilling is expected to begin in the fourth quarter of this year.
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By Emily Parsons, Alliance News reporter
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