VANCOUVER, BC, Dec. 15, 2023 /CNW/ - Total Helium Ltd. ("Total Helium" or the "Company") (TSXV:TOH.VN) (OTCQX:TTLHF) (FRA: Y02.F) provides the following updates on the Pinta South project. The Arizona Oil and Gas Conservation Commission has approved a drilling permit for the 23-10, the first of five additional tests to be drilled in Total Helium's Pinta South area. The initial test site is located in Section 23 of T19N-R26E and targets the Shinarump formation at a depth of approximately 1,000 feet. It offsets a historical well which tested 5% to 6% Helium from a gas rate of 115 MCFD on a 3/16 inch choke at 155 pounds of pressure from the Upper Shinarump formation following a very small stimulation. The well was never connected to a pipeline following deteriorating market conditions for helium and the well was plugged and abandoned in 1971. In an effort to gain greater understanding of the reservoir and fluid properties, future tests will include open-hole logs, and a core of the 23-10. The drilling rig is now scheduled for late January or early February to spud the 23-10 well, depending upon weather at the project location.
Read more at newswire.caTOTAL HELIUM PROVIDES PINTA SOUTH UPDATE
Newswire.ca - Press Release
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here