Helium One Global Ltd: Jackson-4 Well Drilled to TD

The recent drilling success of the Jackson-4 well by Helium One Global Ltd marks a significant milestone in the company's helium exploration efforts. The well, drilled to a total depth of 1,260 feet (384 meters) in the Galactica-Pegasus helium development project in Colorado, has confirmed the presence of free gas, setting the stage for potential future production and revenue growth.



The Jackson-4 well encountered 62 feet (18.9 meters) of high-quality, gas-saturated sands in the Upper Lyons Sandstone Formation, with porosity ranging from 22-26%. This discovery is a positive indicator of the reservoir's potential for gas production. The well exhibited strong natural flow during drilling and at total depth, demonstrating good reservoir communication. This natural flow is a crucial factor in assessing the well's productivity and suggests that the reservoir is well-connected, which is essential for efficient gas extraction.

The successful drilling of the Jackson-4 well and the confirmation of free gas have significant implications for Helium One Global Ltd's future production and revenue projections. The high-quality reservoir, natural flow, and the broader context of the Galactica/Pegasus project all support the potential for increased helium production and revenue. The company's engineering and market analysis continues to optimize development configurations, production forecasts, and cost estimates, which is a positive sign for investors.

However, the development of the Galactica-Pegasus helium project is not without its potential risks and challenges. Technical, operational, market, regulatory, environmental, and financial factors could all impact the project's success and, consequently, the company's investment outlook. Investors should carefully consider these risks when evaluating the project's potential.



In conclusion, the successful drilling of the Jackson-4 well and the confirmation of free gas are positive indicators for Helium One Global Ltd's future production and revenue projections. The high-quality reservoir, natural flow, and the broader context of the Galactica/Pegasus project all support the potential for increased helium production and revenue. However, investors should be aware of the potential risks and challenges associated with the project's development.