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Total Helium Ramps Up Operations with First 15 Wells at Pinta South Project
Total Helium Ramps Up Operations with First 15 Wells at Pinta South Project Canada News...
About this update from Altura Energy Corp
[{"type":"text","content":"\n \n \n \n Total Helium Ramps Up Operations with First 15 Wells at Pinta South Project\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 26, 2023\n \n \n /CNW/ -\n \n Total Helium Ltd.\n \n (TSXV: TOH) (OTCQB: TTLHF) (FRA:\n \n Y02\n \n .F) (\"Total Helium\" or the \"Company\") is pleased to provide a follow-up operational update on its Pinta South Project in the\n \n Holbrook\n \n Basin of\n \n Arizona\n \n .\n \n \n Following the successful construction of a six-mile pipeline and connection of five wells to the helium processing facility, as reported last month, Total Helium announces significant advancements in well production, pipeline, and future wells.\n \n \n \n First 15 Wells\n \n \n \n The Pinta South Project now features a total of 15 wells, with seven wells actively producing helium. The remaining eight wells are in various stages of completion, and once connected to the pipeline, will significantly increase Total Helium's helium production capacity, thereby generating increased revenue.\n \n \n Out of these 15 wells, Total Helium retains a 20% working interest in two wells and a 50% working interest in the remainder, including the five additional wells now actively producing helium. Importantly, Total Helium has partnered with a leading multinational industrial gas and chemicals manufacturing company to fund the pipeline expansion on the Pinta South project.\n \n \n (\n \n See photos of wells and drilling operations\n \n )\n \n \n \n Pipeline Updates\n \n \n \n Total Helium has established a compressor station and a 6-mile underground pipeline to connect the new wells to the helium processing facility. The compressor station will ensure adequate pressure for higher helium flow rates to the processing plant. Further updates regarding flow rates will be provided as production stabilizes.\n \n \n (\n \n See photos of pipeline installation\n \n )\n \n \n \n Soil Sample and Next Wells\n \n \n \n Although the shallow Shinarump formation is the primary target within the field, t...