Lease and road construction has begun at the Steveville Helium Property, South Eastern Alberta, Canada. With all required permits and approvals received, Imperial intend to commence drilling operations as soon as possible.
The first well, known as well number 102/03-01-020-12W4M, is to be drilled to a depth of 2047m on the crest of the Steveville structure.
After a blow-out that occurred in 1940 at the first deep well to be drilled in the Steveville area, 13-22-020-12W4, the objective of the drilling of the well ending 12W4M is to confirm helium concentrations and flow rates present during this initial drill.
The blow-out is estimated to have then flowed at 50 million cubic feet per day (MMcf/d) for 100 days. Drilling resumed after the well was brought under control and production testing followed, which came in at 6 MMcf/d of non-burnable gas.
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