Brief: Helium Evolution Expands And Accelerates Drilling Program Through Enhanced Farmout With North American Helium

Helium Evolution

21/10/2022 11:53

Oct 21 (Reuters) - Helium Evolution Inc  HEVI.V :
    * HELIUM EVOLUTION EXPANDS AND ACCELERATES DRILLING PROGRAM
THROUGH ENHANCED FARMOUT WITH NORTH AMERICAN HELIUM
    * HELIUM EVOLUTION INC - FIRST 2 TEST WELLS TO BE DRILLED ON
HEVI
LANDS IN Q4/22 BY NORTH AMERICAN HELIUM, THIRD TEST WELL TO BE
DRILLED IN H1 2023
    * HELIUM EVOLUTION INC - COSTS FUNDED 100% BY NAH AND HEVI
RETAINS
A 20% WORKING INTEREST
    * HELIUM EVOLUTION - NEW SEISMIC OPTION, SEISMIC REVIEW
OPTION
AGREEMENTS WITH NAH COULD EXPAND NUMBER OF WELLS TO BE DRILLED
BY ABOUT 60%

Source text for Eikon:  ID:nGNXbSlHQX 
Further company coverage:  HEVI.V 
 ((Reuters.Briefs@thomsonreuters.com;))