First Helium - FHELF STOCK NEWS

Welcome to our dedicated page for First Helium news (Ticker: FHELF), a resource for investors and traders seeking the latest updates and insights on First Helium stock.

First Helium Inc. (symbol: FHELF) is an exploration and development company focused on helium, oil, and natural gas drilling in Northern and Southern Alberta. Led by a seasoned executive team, the company has successfully discovered and extracted oil and helium from its Worsley land base, generating substantial revenue. With ongoing activity in multiple high-potential locations, First Helium aims to become a leading independent helium provider in North America.

The company's strategic approach involves targeting multi-zone drilling locations to capitalize on the geological diversity of the area. By pursuing a mix of oil, natural gas, and helium opportunities, First Helium sets itself apart from competitors, offering a comprehensive portfolio of hydrocarbon and helium reserves.

Driven by a commitment to operational excellence and financial viability, First Helium is well-positioned for sustainable growth and resource development in the highly prospective Worsley Trend and Southern Alberta Helium Fairway. Investors looking for exposure to the helium market and diverse energy resources may find First Helium a compelling opportunity for long-term value creation.

11/10/2023 04:05 PM

News

First Helium Announces Clarification to Previous News Release

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First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) Clarifies Helium Value and Revenue Estimates: The company clarifies estimates of helium value and revenue potential from natural gas pools containing helium in Alberta. Management estimates the value of helium produced from a single pool at $US 230 million, and potential total annual revenue exceeding $100 million within five years from a successful ten-well program targeting natural gas with helium content.

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11/08/2023 08:30 AM

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First Helium Prepares Pipeline System for Activation

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First Helium Inc. (HELI) finalizes plans for a horizontal helium target well, including pipeline infrastructure preparations and the completion plan for a well drilled in August 2022. The company aims to bring its gas gathering pipeline into service and install a helium processing facility in 2024. Successful completion of the well will confirm a scalable regional play and deliver additional volumes under its supply agreement. The company targets natural gas pools containing helium, with the potential to generate substantial revenue. The project is expected to provide a low decline, long life stream of natural gas production with helium content and natural gas liquids.

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10/26/2023 07:30 AM

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First Helium Oil Production Surpasses 100,000 Barrel Milestone

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First Helium Inc. announces that its two oil wells have cumulatively produced over 105,000 barrels of oil, generating $12.5 million in revenue. The company is prioritizing additional drilling targets for oil, natural gas, and helium.

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10/04/2023 09:00 AM

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First Helium Provides Corporate Update

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First Helium prioritizes oil targets and finalizes helium processing facility design and vendor list. Plans to accelerate development of lower risk oil opportunities for additional production and cash flow. Completes design work on Production Facility and secures key equipment vendors. Evaluating financing alternatives. 100% success rate in drilling oil and helium wells. Identifies recompletion and drill targets for potential value and cash flow. Clarifies Investor Relations Agreement details.

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FAQ

What is the current stock price of First Helium (FHELF)?

The current stock price of First Helium (FHELF) is $0.03911 as of February 27, 2025.

What is the market cap of First Helium (FHELF)?

The market cap of First Helium (FHELF) is approximately 10.7M.

What is First Helium Inc. focused on?

First Helium Inc. is focused on exploration and development activities related to helium, oil, and natural gas in Northern and Southern Alberta.

Who leads First Helium Inc.?

First Helium Inc. is led by a core Senior Executive Team with diverse backgrounds in Oil & Gas Exploration and Operations, Mining, Finance, and Capital Markets.

Where does First Helium operate?

First Helium operates in the highly prospective Worsley Trend in Northern Alberta and the Southern Alberta Helium Fairway, targeting helium, oil, and natural gas reserves.

What sets First Helium apart from its competitors?

First Helium's multi-commodity approach to helium exploration, including oil and natural gas drilling, differentiates it from competitors, offering a unique portfolio of energy resources.

What is First Helium's revenue generation strategy?

First Helium utilizes revenue from successful oil and helium wells to fund ongoing exploration and development activities, supporting its growth strategy in the energy sector.