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grand-gulf-energy-confirms-helium-discovery-at-jesse1a
grand-gulf-energy-confirms-helium-discovery-at-jesse1a

Grand Gulf Energy confirms helium discovery at Jesse#1A

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Grand Gulf Energy has today (29th June) reported multiple well-head samples consistently in the range of 0.44% – 0.65% helium from its Jesse1#A well.

These Jesse1#A samples came from the Australian firm’s Red Helium Project, located in Utah.

Carbon dioxide concentrations in the range of 59%-65% were significantly lower than pre-drill expectations of 85%, which is a material positive to the project economics, with the bulk of the remaining gas being nitrogen.

Grand Gulf Energy has said the work-over rig has now been de-mobilised to allow the technical team to develop the appropriate well design to enable gas production.

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