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Pulsar Helium Up in U.K. Trading After Starting Well Testing at Topaz Helium Project in Minnesota
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Pulsar Helium Up in U.K. Trading After Starting Well Testing at Topaz Helium Project in Minnesota
Apr 2, 2025 5:57 AM

08:42 AM EDT, 04/02/2025 (MT Newswires) -- Pulsar Helium ( PSRHF ) traded 1.3% higher at last look Wednesday in U.K. trading as the company started well-testing activities at Jetstream #1 and Jetstream #2 within its flagship Topaz project in Minnesota.

The initial phase of flow testing is expected to continue over four weeks, the company said. The second phase will consist of extended pressure build-up monitoring through the end of June.

Data from the well-testing program is needed to prepare a resource update, Pulsar said.

"The commencement of well-testing activities at the Jetstream #1 and #2 wells at our Topaz helium project in Minnesota is a significant milestone," said Thomas Abraham-James, Pulsar's president and CEO. "Flow, pressure and gas sample data will be collected and will build upon the drilling success achieved at Topaz to date."

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