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Pulsar Helium Commences Drilling of Jetstream #5
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 Commences Drilling of Jetstream #5\n\n\n\n\n THIS 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.\n \n\n\n\n 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.\n \n\n\n\n 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.\n \n\n\n CASCAIS, Portugal, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“\n \n Pulsar\n \n ” or the “\n \n Company\n \n ”), a primary helium development company, is pleased to announce that the drill rig and all ancillary equipment have been relocated to the Jetstream #5 drill pad, located 1.8 miles (3 kilometers) northeast of Jetstream #1, at the Company’s flagship Topaz project in Minnesota, USA. Jetstream #5 has a planned target depth of 5,000 feet (1,524 meters). The Company is pleased to confirm that rigging-up operations commenced on Thursday, November 27, 2025, and that the Jetstream #5 well was spudded on Friday, November 28, 2025.\n \n\n\n Topaz drilling campaign highlights:\n \n\n\n\n\n\n Jetstream #1\n \n\n\n\n (47.63468333 N / -91.70114444 W).\n \n\n\n\n\n Helium-3 discovery:\n \n Concentrations of up to 14.5 parts per billion (ppb) were recorded in produced gas.\n \n\n\n Completion\n \n : January 13, 2025\n \n\n TD\n \n : 5,100 feet / 1,555 meters\n \n\n Gas Concentrations\n \n :\n \n 4\n \n He 8.1% |\n \n 3\n \n He 14.5 PPB | CO\n \n 2\n \n 72.9%\n \n\n Natural Flow\n \n : Yes, 200,000 cubic feet per day average over 7-day test with 60 psi drawdown\n \n\n Well pressure:\n \n Well-head pressure ~122 PSI\n \n\n Formation Wate...