Pulsar Helium has successfully completed the Jetstream-2 appraisal well on the Topaz Helium discovery in Minnesota. The 4.7 well was drilled to a TD (Target Depth) of 5,638 feet and 64.9 discovered a gross thickness of 3,178 feet of helium bearing reservoir. Mud logs had concentrations of helium at 3.5%. This 32.5 appraisal well substantially increases confidence that Pulsar 102.1 Helium has a world-class helium discovery We maintain our 63.3 target price of 63.3p/share but acknowledge that this 143.5% successful outcome should greatly reduce risks for investors allowing for further upside.
Pulsar Helium: Oak Securities
Feb 5, 2025Disclaimer & Declaration of Interest
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