Helium One Global Limited (GB:HE1) has released an update.
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Helium One Global Ltd has completed a farm-in agreement with Blue Star Helium, securing a 50% interest in the Galactica-Pegasus project in Colorado. The company plans to invest in drilling six development wells, with production expected to start in the first half of 2025. This strategic move is set to diversify Helium One’s helium portfolio and potentially boost its revenue.
For further insights into GB:HE1 stock, check out TipRanks’ Stock Analysis page.