08:17 AM EST, 02/20/2025 (MT Newswires) -- Pulsar Helium ( PSRHF ) said Thursday that it is mobilizing down-hole testing equipment to the Jetstream appraisal wells within the Topaz project in Minnesota.
The tools consist of an optical televiewer and LithoScanner, the company said.
Pulsar said it observed elevated helium values in both Jetstream #1 and #2 over a gross vertical thickness of 3,350 and 3,178 feet, respectively.
According to Pulsar, this consistency between wells suggests that the interpreted geophysical data accurately indicates that the helium-bearing zone extends beyond 2,200 feet.
Pulsar said it will conduct flow rate and bottom-hole pressure testing in March once well head pressures are anticipated to have stabilized.
The company's share price fell 3.5% on Wednesday to $0.56 on the TSXV.