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Pulsar Helium Announces Completion of Jetstream #5 and Mobilization to Commence Jetstream #6 at the Topaz Helium Project, USA
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBL...
About this update from Pulsar Helium, Inc.
[{"type":"text","content":"Pulsar Helium Announces Completion of Jetstream #5 and Mobilization to Commence Jetstream #6 at the Topaz Helium Project, USA\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK VERSION OF REGULATION (EU) NO. 596/2014 ON MARKET ABUSE, AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AND REGULATION (EU) NO. 596/2014 ON MARKET ABUSE. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION. CASCAIS, Portugal, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a primary helium company, is pleased to announce that drilling of Jetstream #5 at the Company’s flagship Topaz Project in Minnesota, USA has been completed, drilled to a total depth (TD) of 3,839 feet (1,170 meters). As reported earlier (news releases January 9, 2026 & December 8, 2025) multiple pressurized gas influxes were encountered at depths of 837 feet (255 meters), 1,481 feet (451 meters) and 2,857 feet (871 meters). The bottom-hole pressure at 2,857 feet is estimated at ~1,292 pounds per square inch (psi), the highest recorded to date at Topaz. The drill rig has now mobilized to Jetstream #6 and commenced drilling on January 27, 2026. Summary of Jetstream #5 The Jetstream #5 appraisal well has been successfully completed to a total depth of 3,839 feet, further advancing the Company’s multi-well appraisal program. During drilling, Jetstream #5 intersected multiple pressurized gas zones, with initial gas encountered at approximately 837 feet, followed by a second gas-bearing interval at approximately 1,481 feet, where a preliminary bottom-hole pressure of approximately 662 psi was calcu...