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Blue Star Helium Secures Colorado Assets and $3M to Fuel 2025 Production
7:03pm on Monday 2nd of June, 2025 AEST
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Energy
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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
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