Pulsar Helium, a primary helium exploration and development company, announces that its Jetstream #5 appraisal well at the flagship Topaz Project east of Babbitt has intersected pressurized gas zones.
The gas zones were encountered at depths of approximately 837 feet (255 meters) and 1,481 feet (451 meters), with an initial bottom-hole pressure of 662 psi calculated, and visible gas influx observed during drilling operations.
Plans are to drill up to ten appraisal wells at the site as the company continues to define the size, scope and quality of the helium finding, the company has said.
This positive progress result marks the fifth consecutive well in the Jetstream program to encounter gas, further reinforcing confidence in the extent of the helium-rich reservoir. In addition, well-testing has occurred at Jetstream #3 and #4, with data collected now being sent for interpretation.
Jetstream #5 location: Jetstream #5 is located 1.8 miles northeast of the discovery well (Jetstream #1) at Topaz, significantly extending the project’s appraisal footprint.
Shallow Pressurized Gas: Gas was encountered at approximately 837 feet (255 meters) and 1,481 feet (451 meters) depth, with a preliminary bottom-hole pressure reading of 662 psi, indicating a strongly pressurized system even at this early stage of drilling. Gas was visibly seen bubbling through the drilling fluids at surface, confirming active gas flow under pressure.
Drilling Progress: The well is being drilled using continuous HQ core drilling (large 63.5 mm diameter core) to maximize geological sample recovery while maintaining efficient progress. Around-theclock drilling (24-hour operations with rotating crews) is ongoing as Jetstream #5 advances toward its target depth of 5,000 feet.
Consistent Success: All five Jetstream appraisal wells drilled to date have encountered pressurized gas (a 100% success rate). This consistent success across the program underscores the continuity of the helium-bearing reservoir and the potential of the Topaz Project.
Thomas Abraham-James, President & CEO said, “To encounter pressurized gas once again in Jetstream #5 is both validating and exciting for our team. With all five Jetstream wells confirming gas, we now have a consistent track record that underscores the pervasive nature of the helium reservoir at Topaz.
“In particular, seeing a gas influx at such a shallow depth in Jetstream #5 is highly encouraging, it suggests the gas column is extensive and the reservoir pressure is robust across the field. Each successful well brings us one step closer to our goal of establishing Topaz as a major primary helium source in North America.”
