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Field Development


HELIUM EVOLUTION TO DRILL SECOND WELL WITH NORTH AMERICAN HELIUM

Helium Evolution confirmed they will participate in the drilling of the second
well at its 20% working interest.

Hart Energy Staff
Mon, 10/16/2023 - 01:10 PM

The well is expected to spud by November 2023 and will be located at
9-18-3-8W3M. (Source: Shutterstock)

Canadian-based helium exploration company Helium Evolution Inc. intends to drill
a joint well with its farm-in partner, North American Helium Inc., in accordance
with its farm-out agreement announced on Oct. 21, 2022, the company announced in
an Oct. 13 news release.

Helium Evolution confirmed participation in the drilling of the second well,
Joint Well #2, at its 20% working interest, which will cost the company
approximately $400,000 net, according to the release.

The well is expected to spud by November 2023 and will be located at
9-18-3-8W3M.

--------------------------------------------------------------------------------

RELATED

Air Products Sues Feds to Halt Federal Helium System Sale

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