middle.news

Blue Star Helium Secures Colorado Assets and $3M to Fuel 2025 Production

7:03pm on Monday 2nd of June, 2025 AEST Energy
Read Story

Blue Star Helium Secures Colorado Assets and $3M to Fuel 2025 Production

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Secured options to acquire helium and oil/gas assets in Colorado with existing infrastructure
  • Farm-in agreement with Helium One for 50% interest in Galactica/Pegasus project
  • Helium One to fund drilling of six wells, starting Q1 2025 with production in H1 2025
  • Completed two-tranche placement raising A$3 million, ending quarter with A$2.6 million cash
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Blue Star Helium (ASX:BNL)
OPEN ARTICLE