Helium Evolution Strikes High-Grade Discovery in Saskatchewan: Joint Well #1 Exceeds Expectations

Helium Evolution Incorporated, alongside North American Helium Inc., marks a significant helium strike in Saskatchewan's Joint Well #1.

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With a helium concentration of 0.95%, this discovery exceeds the commercial viability benchmark of 0.3%.

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President and CEO Greg Robb highlights the discovery's validation of the Deadwood formation as a vital helium source.

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Joint Well #1's steady rates and pressures during testing indicate a stable and prolific reservoir.

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The well achieved 1.3 million standard cubic feet per day, with a flowing tubing pressure of 6,000 kiloPascals.

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A third-party analysis suggests a potential four to six-fold increase in deliverability with stimulation.

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Minimal water production during testing is favorable for efficient helium recovery.

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Helium Evolution, holding North America's largest publicly traded helium land rights, focuses on sustainable supply.

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This breakthrough, following previous setbacks, showcases Helium Evolution's resilience in helium exploration.

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