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HeLIX Exploration PLC (AIM:HEX, OTCQB:HHEXF) CEO Bo Sears spoke with Proactive's Stephen Gunnnion about the latest results from the Ollie #1 well at the Rudyard helium project.
Ollie #1 delivered Helix’s highest mudlog helium reading to date, with concentrations exceeding 0.5% in the drilling mud. Sears said the result was particularly encouraging, while stressing that flow testing and gas analysis are still needed.
The well was completed in just 20 days and under budget, with Helix’s ownership of its drilling rig helping to reduce costs and improve drilling efficiency.
Sears also outlined plans to perforate and flow-test Ollie #1 before drilling the next well, Ross #1, as Helix continues to expand production at Rudyard.
Visit Proactive's YouTube channel for more interviews and market updates. Don't forget to like the video, subscribe to the channel and enable notifications for future content.
Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy
#HelixExploration #Helium #HeliumExploration #HeliumProduction #RudyardProject #Ollie#1 #Ross#1 #HeliumDrilling #NaturalGas #EnergyExploration #ResourceExploration #DrillingOperations #EnergyStocks #MiningInvestment #ProactiveInvestors
Ollie #1 delivered Helix’s highest mudlog helium reading to date, with concentrations exceeding 0.5% in the drilling mud. Sears said the result was particularly encouraging, while stressing that flow testing and gas analysis are still needed.
The well was completed in just 20 days and under budget, with Helix’s ownership of its drilling rig helping to reduce costs and improve drilling efficiency.
Sears also outlined plans to perforate and flow-test Ollie #1 before drilling the next well, Ross #1, as Helix continues to expand production at Rudyard.
Visit Proactive's YouTube channel for more interviews and market updates. Don't forget to like the video, subscribe to the channel and enable notifications for future content.
Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy
#HelixExploration #Helium #HeliumExploration #HeliumProduction #RudyardProject #Ollie#1 #Ross#1 #HeliumDrilling #NaturalGas #EnergyExploration #ResourceExploration #DrillingOperations #EnergyStocks #MiningInvestment #ProactiveInvestors
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