Blue Star Helium has reported helium concentrations of 2.14% from its JXSN#3 well, located in Las Animas County, Colorado.
The helium exploration firm on Tuesday (7th June) confirmed its findings in a progress update that also confirmed that flow rates are consistent with data report from the historic Model Dome field.
News of Blue Star Helium’s success comes as helium prices are at an all-time high.
Trent Spry, Managing Director of Blue Star Helium said, “We are happy to confirm high helium concentrations from the JXSN#3 well to round out an exceptionally successful initial exploratory water well programme at our Galactica/Pegasus prospects, which saw high helium concentrations being discovered in each of the three wells drilled.”
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