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Blue Star Helium upbeat on resource boost for Enterprise and Galileo prospects

Blue Star Helium Ltd's (ASX:BNL) (OTCMKTS:AZZEF) Joanne Kendrick speaks to Proactive's Andrew Scott after announcing its Enterprise and Galileo P50 unrisked prospective helium resource in the US has increased by 16% to a total net recoverable helium of 3.5 billion cubic feet (BCF). She adds that their recent leasing will allow them to expand the drilling program to a minimum of three wells and up to five wells to test several prospects in its portfolio, in addition to Enterprise. She says they're also finalising prospective resource assessments at the Galactica and Pegasus prospects.

Quick facts: Blue Star Helium Ltd

Price: 0.036 AUD

Market: ASX
Market Cap: $38.22 m

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Blue Star Helium on cusp of drilling as it picks up strategically...

Blue Star Helium Ltd's (ASX:BNL) (OTCMKTS:AZZEF) Joanne Kendrick speaks to Proactive's Andrew Scott following the news it's acquired an additional 22 new leases over 34,848 gross acres within the highly prospective Las Animas region in Colorado, USA. This large net lease position now held over...

on 28/9/20

2 min read