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Helium Evolution Incorporated ( (TSE:HEVI) ) just unveiled an update.
Helium Evolution Incorporated has announced the spudding of the 10-36-3-9W3 well along the Mankota helium fairway in partnership with North American Helium Inc. This well is an offset to their recent helium discovery wells, demonstrating significant helium potential. The company holds a 20% working interest in these wells and is also participating in other upcoming wells in the area. This development marks a critical step in the company’s strategy to expand its helium exploration and production capabilities, positioning it for continued growth in the helium industry.
More about Helium Evolution Incorporated
Helium Evolution Incorporated is a Canadian-based helium exploration company that holds the largest helium land rights position in North America among publicly-traded companies. The company is focused on developing assets in southern Saskatchewan, with over five million acres of land under permit near proven helium discoveries. Helium Evolution aims to become a leading supplier of sustainably-produced helium for the growing global helium market.
YTD Price Performance: -4.55%
Average Trading Volume: 61,566
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on HEVI stock on TipRanks’ Stock Analysis page.
