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Highlights

  • Pulsar Helium commences well-testing at Jetstream #1 and #2 at Topaz project.
  • Testing will be conducted in two phases: flow testing and pressure monitoring.
  • Data collected will contribute to a resource update for the Topaz project.

Pulsar Helium Inc. (AIM:PLSR, TSXV:PLSR, OTCQB:PSRHF), a helium project development company, has announced the start of well-testing activities at its flagship Topaz project in Lake County, Minnesota. The well-testing will take place at the Jetstream #1 and Jetstream #2 appraisal wells, marking a key step in the development of the project.

The testing will be carried out in two sequential phases. The first phase, which began on April 1, 2025, will focus on flow testing at the two wells. This phase is expected to last approximately four weeks. Following this, the second phase will involve extended pressure build-up monitoring, which is planned to continue through the end of June 2025.

The data obtained from both phases of testing, including flow, pressure, and gas sample data, will be essential for preparing a resource update. The results of the well-testing activities will provide critical information regarding the potential of the Topaz helium project and will be used to further evaluate its development.

Thomas Abraham-James, President & CEO of Pulsar, highlighted that the well-testing activities represent an important milestone for the company and the Topaz project. He noted that the data collected during this process will build upon the drilling success achieved at Topaz so far and help guide future plans for the project.