Pulsar Helium Announces Update for Jetstream Well Testing Program at Topaz, Minnesota | PSRHF Stock News

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Jun 17, 2025
  • Pulsar Helium Inc. (PSRHF, Financial) to commence well testing at Topaz Project, Minnesota, from mid-July to early-August 2025.
  • Well testing program includes clean-up operations and pressure and flow testing.
  • The company is fully funded for this program, following promising Q1 drilling results.

Pulsar Helium Inc. (PSRHF) has announced the launch of its well testing program for the Jetstream #1 and #2 wells at the Topaz Project in Minnesota. Scheduled to begin in mid-July 2025 and conclude in early-August 2025, the program aims to assess the production potential of the project following encouraging pressure readings from Q1 2025 drilling.

The testing program will unfold in two stages. The first phase involves a well clean-up using truck-mounted coil tubing units, eliminating the need for a costly drill rig. This operation will use water, nitrogen, and NSF 60 compliant additives to remove drill fines from the wellbore.

Subsequent to the clean-up, the second phase consists of pressure and flow testing operations at both Jetstream wells, with samples being collected for laboratory analysis. Results from these tests will be shared with the market as they are confirmed, providing critical insights into the project’s production capacities.

Pulsar Helium confirmed that it is fully funded for the work program, positioning the company to capitalize on its strategic development at the Topaz helium project. The company remains on track to address the rising global demand for helium, having already identified significant helium concentrations in earlier drilling activities.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.