Highlights 

  • Jetstream #5 intersected pressurised gas zones at shallow depths of 837 ft and 1,481 ft. 
  • Preliminary bottom-hole pressure of ~662 psi confirms active gas influx. 
  • All five Jetstream appraisal wells have encountered gas, achieving a 100% success rate. 
  • Down-hole logging was conducted at Jetstream #3 and #4, with results sent for analysis. 
  • Continuous 24-hour HQ core drilling is advancing Jetstream #5 toward its 5,000 ft target depth. 

Pulsar Helium Inc. (TSXV:PLSR) has announced another encouraging development at its flagship Topaz Project, with Jetstream #5 intersecting pressurised gas zones during drilling. The gas was encountered at approximately 837 feet (255 meters) and again at 1,481 feet (451 meters), accompanied by visible gas bubbling at surface. Preliminary analysis indicates an estimated bottom-hole pressure of ~662 psi, pointing to a highly active system even at shallow depths. 

Jetstream #5 marks the fifth consecutive appraisal well to encounter gas within the Topaz helium reservoir, further enhancing confidence in the project’s scale. The well is progressing using continuous HQ core drilling to maximize geological data collection, while maintaining efficient penetration through the formation. 

Consistent Appraisal Success Across the Jetstream Program 

The Jetstream program continues to demonstrate continuity across the helium-bearing reservoir, with a 100% success rate across all five appraisal wells drilled to date. The presence of pressurised gas in each well supports expectations of a laterally extensive system. 

Jetstream #5 was spudded on November 28, 2025, and has surpassed the initial gas-bearing intervals as it advances toward the planned 5,000-foot total depth. Gas continues to percolate during drilling pauses, signalling sustained pressure throughout the formation. 

Once Jetstream #5 reaches total depth, Pulsar intends to conduct a full suite of evaluations, including open-hole wireline logging, flow testing, pressure build-up analysis, and laboratory gas composition studies. These results will be integrated with findings from earlier wells to refine the reservoir model and guide development planning. 

Testing Progress at Jetstream #3 and #4 

In tandem with drilling Jetstream #5, Pulsar has completed down-hole logging operations at Jetstream #3 and #4. The work included formation of microresistivity imaging, dipole sonic, resistivity, gamma, and neutron density logging. 

The broader Topaz Project has already demonstrated high helium concentrations, including 8.1% helium in Jetstream #1 and 5.6% in Jetstream #2 during previous testing. The confirmation of helium-3 adds further strategic value, given the rarity and importance of the isotope in advanced technologies. 

Conclusion 

Pulsar Helium’s latest progress at Jetstream #5 strengthens the company’s position as it advances the appraisal and development of the Topaz helium resource. With repeated confirmation of pressurised gas, meaningful geological data, and additional testing underway, the company continues to build a clearer picture of the reservoir’s potential. 

Pulsar Heliums’ shares closed at CAD 0.62, marking a 4.62% increase from the prior session.