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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. (FHELF) delivers timely updates on its pioneering helium exploration and energy development projects across Alberta's Worsley Trend and Southern Helium Fairway. This centralized resource provides investors and industry observers with essential updates on drilling activities, financial milestones, and strategic developments from the multi-commodity energy company.

Access comprehensive coverage of operational achievements including helium discoveries, oil well production results, and resource expansion initiatives. The curated news collection features earnings reports, partnership announcements, and technical updates reflecting First Helium's dual focus on hydrocarbon revenue generation and sustainable helium production.

Stay informed about leadership decisions and geological advancements through verified press releases. Regular updates cover exploration progress across First Helium's 79,000+ acres of mineral rights, offering insights into the company's strategy to become North America's premier independent helium provider.

Bookmark this page for direct access to First Helium's official communications, enabling informed tracking of their unique position at the intersection of energy markets and specialty gas production.

Rhea-AI Summary
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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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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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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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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First Helium

OTC:FHELF

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6.47M
175.26M
16.6%
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Canada
Calgary