Latest Blue Star Helium (ASX:BNL) News

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.

Blue Star Helium reports robust natural flow rates and peak helium concentrations from its Jackson 29 well at the Galactica project, underscoring the site’s promising helium resource potential.

Blue Star Helium has initiated well testing at its Great Plains assets in Lincoln County, Colorado, aiming to confirm commercial viability and guide development decisions. Positive results could accelerate the company’s expansion in North America’s helium market.

Blue Star Helium has secured strategic helium and oil and gas assets in Colorado, partnered with Helium One to fund drilling, and raised A$3 million, positioning itself for production growth in 2025.