The formal issuance of Federal leases acquired by Blue Star Helium (Blue Star) in the Bureau of Land Management (BLM) December 2020 auction sees Blue Star’s total P50 net unrisked prospective helium resource grow from 3.8 Bcf to 13.4 Bcf.
The prospective resource is based on globally attractive 7-9% helium concentration.
The issue of these leases confirms Blue Star’s strategic leasehold position in Las Animas County, Coloroda with 173,000 net acres (237,000 gross acres) across a proven helium play fairway.
This is considered a highly strategic location proximate to key infrastructure and major downstream consumers.
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