Business
Pulsar Helium Reports Commencement of Jetstream #7 and Completion of Seismic Survey 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 Reports Commencement of Jetstream #7 and Completion of Seismic Survey 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. CASCAIS, Portugal, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, OTCQB: PSRHF, TSXV: PLSR) (“Pulsar” or the “Company”), a primary helium company, is pleased to announce that drilling of Jetstream #6 at the Company’s flagship Topaz Project in Minnesota, USA has been completed at a total depth (TD) of 2,597 feet. The drill rig has now mobilized to Jetstream #7 where surface casing has been set and cemented and drilling is underway. In addition, the extensive 2D active seismic acquisition program at its Topaz Project has been completed, with a total of five seismic lines spanning 41.5 miles having been successfully acquired. Highlights: Jetstream #6 Completed: Successfully drilled to a total depth of 2,597 feet, encountering multiple pressurized gas intervals and further supporting the Topaz geological model. Previously reported gas zones at 1,287 ft (~576 psi), 2,120 ft (~981 psi), 2,187 ft (~1,012 psi) and 2,377 ft (~1,100 psi), with gas observed at surface during drilling. Jetstream #7 Underway: Drilling has commenced following rig mobilization, targeting a planned TD of 3,000 feet, with potential to deepen to 5,000 feet; located 2.2 miles northwest of Jetstream #1 as a significant step-out appraisal well.2D Seismic Program Completed: Five seismic lines totaling 41.5 miles successfully acquired across the Topaz Project on February 20, 2026.Independent QA/QC Reviewed: Raw seismic data reviewed onsite by an independent expert contractor and validated as good quality.Processing & Interpretation Initiated: Dataset being transferred to Earth Signal (Calgary) for processing, with the interpretation to be conducted in-house and the data used to refine structural mapping, support resource assessment, a...