Latest Blue Star Helium (Asx:Bnl) News

Blue Star Helium has successfully completed its 2025 Galactica drilling program, securing a major permit for CO2 processing and preparing to start commercial helium production in the second half of 2025. The company also raised $4.54 million to fund ongoing development.

Blue Star Helium has raised A$4.5 million through a strategic institutional placement to fund the final stages of its Galactica helium project, aiming for production by late 2025.

Blue Star Helium has wrapped up its 2025 Galactica drilling campaign with strong results from six wells, setting the stage for commercial helium production in the second half of 2025.

Blue Star Helium reports robust natural flow rates and high helium concentration from its State 9 well at the Galactica project, signaling a promising step toward commercial production.

Blue Star Helium has successfully drilled the State 9 well at its Galactica helium project in Colorado, confirming natural gas flow and progressing towards production. Laboratory tests on helium and CO2 concentrations are underway as the company prepares for production tie-in.

Blue Star Helium has commenced drilling the State 9 well at its Galactica helium project in Colorado, marking a significant step in its helium development program. The well is progressing toward the Lyons Formation reservoir with plans for flow testing and production tie-in.

Blue Star Helium reports robust natural flow rates from its Jackson 2 well at the Galactica project, with helium concentrations nearing 78%, signaling strong reservoir potential in Colorado.

Blue Star Helium has successfully drilled the Jackson 2 well to total depth at its Galactica project in Colorado, confirming strong natural gas flow and advancing the project toward commercial production.

Blue Star Helium has reported strong flow test results from its Bubba State 3 well in Lincoln County, Colorado, confirming helium concentrations around 2.01% and robust production rates that support further development.

Blue Star Helium reports robust natural gas flow and high permeability from its Jackson 27 well in Colorado’s Galactica project, underpinning optimistic production forecasts.

Blue Star Helium has commenced drilling the Jackson 2 well at its Galactica helium project in Colorado, marking a key step in its ongoing development program. The well is progressing towards the Lyons Formation target with plans for flow testing and production tie-in.

Blue Star Helium has reported robust flow rates from multiple development wells and received permitting approval for a helium and CO2 processing plant, advancing its path to first production in H1 2025.