Global Helium Corp. Confirms Positive 10-08 Well Results, Further Drilling Planned and Acquisition of New Helium Prospect
Global Helium Corp. Confirms Positive 10-08 Well Results, Further Drilling Planned and Acquisition of New Helium Prospect
CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to share an update on the Company's second helium discovery at 10-08-012-04W4/00 ("10-08"), following initial testing and post-flow pressure transient analysis. The 10-08 exploratory well was drilled and cased in November of 2023 and is situated on the farm-in land block of Perpetual Energy Inc. along the Manyberries helium trend near the Medicine Hat region of Southeast Alberta.
加拿大亞伯達東南部的梅迪辛哈特地區的Perpetual Energy公司農場“地塊”10-08-012-04W4/00（“10-08”）是Global Helium Corp.（“HECO”或“公司”）（CSE：HECO，OTC：HECOF）第二次氦氣發現的現場。該地區在2023年11月進行了勘探，裝套，經過初步測試和流後壓力瞬變分析後，公司很高興地向大家介紹了10-08的更新。
Positive Results From 10-08 Well
10-08油井的積極結果
On April 16, 2024, the Company announced that following remediation work and stimulation, the 10-08 well production tested at approximately 4.1 million cubic feet per day at 3,500 kilopascal flowing tubing pressure from the Beaverhill Lake formation over a four-day extended test. Helium concentrations from the Beaverhill Lake zone were 0.56% – 0.68% based on several analyzed gas samples from the well, confirming that the 10-08 well represents HECO's second commercially viable opportunity. Subsequently, a post-flow pressure transient analysis ("PTA") and composite reservoir model were used to record pressure response, flow rates, reservoir properties and potential pool boundaries. The PTA indicated the reservoir appears expansive and productive, with no discernible depletion in reservoir pressure or demarcation of reservoir boundaries. Moreover, the PTA revealed an absolute open flow potential of 8.05 million standard cubic feet per day (MMscf/d).
2024年4月16日，公司宣佈，經過修復工作和刺激性試驗，10-08井產量爲每天約410萬立方英尺，流動管道壓力爲3500千帕，爲期四天的擴展測試中，來自Beaverhill Lake層的氦濃度爲0.56％-0.68％，根據井中分析的氣樣確認，10-08井是HECO的第二個商業化機會。其後，使用流後壓力瞬變分析（“PTA”）和複合油藏模型記錄壓力響應，流速，油藏性質和可能的油氣藏邊界。 PTA指示該油藏看起來廣闊而多產，油藏壓力沒有明顯的消耗或油藏邊界標記。此外，PTA揭示了1天的理論排放潛力爲805萬標準立方英尺（MMscf/d）。
Operations Update
運營更新
North American Helium Elects to Drill Well on HECO Lands
North American Helium選擇在HECO土地上鑽井
Further to the Company's press release dated April 8, 2024, the Company is pleased to announce that North American Helium Inc. ("NAH"), Canada's leading producer and explorer of helium, has elected to drill a test well in the Vermillion Hills area of HECO's Saskatchewan acreage. This election follows the execution of a seismic review option agreement dated April 8, 2024 between HECO and NAH (the "Agreement"), which afforded the Company the opportunity to advance its Saskatchewan land base while mitigating up-front capital costs and exploration risk. Pursuant to the Agreement, NAH has the right to review HECO's proprietary seismic data covering the majority of the Company's exploration permits in Saskatchewan and select a drilling location based on this review.
根據公司於2024年4月8日發佈的新聞稿，公司很高興地宣佈，領先氦氣生產和勘探公司North American Helium Inc.（“NAH”）已經決定在HECO的薩斯喀徹溫區塊的Vermillion Hills地區鑽探試井。此項決定是基於4月8日HECO和NAH簽署的一項選項協議，使公司能夠通過聯合風險分擔的方式進入薩斯喀徹溫省的勘探地塊，URI還能利用自己的旋挖設備進行鑽探，基本減少風險。根據協議，NAH有權查看HECO涵蓋薩斯喀徹溫省大多數勘探許可證的專有地震數據，並根據這一評估選擇鑽井地點。
In Q3 2024, HECO expects NAH to spud this new well, incurring 100% of the drilling cost, while HECO has retained the option to participate in the completion and testing of the well at a 20% working interest in any potential discovery, with NAH retaining an 80% working interest in the operations and said lands.
在2024年第三季度，HECO希望NAH起鑽這個新井，並承擔100％的鑽井成本，HECO保留了以20％的工作權益參與井的完工和測試的選擇機會，在任何潛在的發現中，NAH保留了80％的工作權益和土地使用權。
Expanding HECO's Asset Base in Northern Alberta
擴大HECO在北亞伯達地區的資產基礎
The Company has successfully acquired eight sections of land in Northern Alberta, situated within a region prospective for helium. These new sections of land expand HECO's existing asset base, and represent an exploratory asset for HECO, with the potential to provide further developmental opportunities designed to contribute to the Company's long-term sustainability.
該公司已成功收購了北亞伯達地區的八宗土地，這些土地位於一個有前途的氦區並提供探索機會，以爲HECO的長期可持續性做出貢獻。這些新增土地擴大了HECO現有的資產基礎，並代表着HECO的探索性資產，具有提供進一步開發機會的潛力。
Cancellation of Options
期權取消
HECO also announces that the Company has cancelled an aggregate of 1,295,000 incentive stock options ("Options") issued pursuant to its stock option plan on May 21, 2024. The Options were granted to certain officers, directors, employees, and consultants of the Company, and had an exercise price of between $0.33 - $0.41 and expired between May 16, 2027 and February 28, 2028. The Options were voluntarily surrendered by the holders for no consideration.
此外，HECO還宣佈已取消總共129.5萬激勵股票期權（“Options”），這些期權根據其股票期權計劃於2024年5月21日再向公司的某些官員，董事，員工和顧問授予，行權價爲0.33-0.41美元，過期日期爲2027年5月16日至2028年2月28日，這些股權選擇權被持有人放棄，沒有獲得任何回報。
About Global Helium Corp.
關於Global Helium Corp。
Global Helium is one of Canada's largest helium exploration and development companies, focused on the exploration, acquisition, development, and production of helium, done right. The Company has carved out a differentiated position through a unique Farm-In Agreement with industry veteran, Perpetual Energy Inc., through which HECO can access approximately 369,000 acres in Alberta's Manyberries helium trend via joint venture. The Company has also captured 100%-owned permits encompassing over 820,000 acres prospective for helium in Saskatchewan's well-established helium fairway and has recently acquired three significant assets with proven helium tests in the State of Montana. HECO brings a seasoned team of industry professionals and technical experts who have established connections with North American and international helium buyers. Learn more at and follow us on LinkedIn and Twitter (now X).
Global Helium是加拿大最大的氦氣勘探和開發公司之一，專注於開採和發展氦氣。公司通過與行業資深公司Perpetual Energy Inc.簽署的一項獨特的農入協議，獨攬了約369,000英畝的阿爾伯塔省Manyberries氦趨勢產權。公司還在薩斯喀徹溫省（Saskatchewan）擁有佔地820,000英畝的100％擁有許可證，具有推測氦氣等級，並最近在蒙大拿州收購了三個進行氦氣測試的重要資產。HECO擁有一支經驗豐富的專業人員隊伍和技術專家，他們與北美和國際氦氣購買商建立了聯繫。欲了解更多信息，請訪問HECO官網並關注我們的領英和twitter帳戶（現更名爲X）。
For further information please contact:
要了解更多信息，請聯繫：
|
Jesse Griffith, President & CEO Cindy Gray, Investor Relations |
Telephone: +1 705-5076 ext. 1 Email: HECOinfo@5qir.com |
| Jesse Griffith，總裁兼首席執行官 Cindy Gray, 投資者關係 |
電話：+1 705-5076 ext. 1 電子郵件：HECOinfo@5qir.com |
READER ADVISORIES
讀者注意事項
Forward Looking Statements
前瞻性聲明
No securities regulatory authority has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.
加拿大證券交易所或其監管服務提供商（如該術語在加拿大證券交易所的機構中所定義的那樣）對本新聞稿的內容的充分性或準確性都未經過審查和批准。
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this internal announcement are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company.
本新聞稿包含前瞻性陳述和其他非歷史事實陳述。前瞻性陳述通常通過“將”，“可能”，“應該”，“預計”等表達方式來識別。除了歷史事實陳述之外，在本內部公告中包含的所有其它陳述均爲具有風險和不確定性的前瞻性陳述。不能保證這些陳述將被證明是準確的，並且實際結果和未來事件可能會與這些陳述所預期的有所不同。可能會導致實際結果與公司期望的結果不同的重要因素包括未滿足適用證券交易所的相關條件以及其他定期在公司提交的文件中詳細說明的風險。讀者應該注意，用於準備任何前瞻性信息的假設可能被證明是不正確的。許多已知和未知的風險，不確定性和其他因素可能會導致事態的發展與預測不符，因此讀者被警告不要過度依賴任何前瞻性信息。雖然在準備時，管理層認爲這些信息是合理的，但實際結果可能證明是不正確的。本內部公告中包含的前瞻性陳述在此謹以聲明明確確認。本內部公告中包含的前瞻性陳述是自本內部公告的日期起做出的，並且公司將根據適用法律的規定更新或修訂任何包含的前瞻性陳述。
The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this internal announcement are expressly qualified by this cautionary statement. The forward-looking statements contained in this internal announcement are made as of the date of this internal announcement and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
加拿大證券交易所或其監管服務提供商並沒有就本新聞稿的內容的充分性或準確性進行審查或批准。讀者應該認真考慮本內部公告中任何前瞻性信息的假設是否正確。由於許多已知和未知的風險，不確定性和其他因素，實際結果可能會與所預期的結果不同，因此無論本內部公告中是否包含任何前瞻性陳述，讀者都應該謹慎。在這份內部公告中包含的前瞻性陳述是在本內部公告的日期發表時發表的，公司將根據適用法律的規定爲所有包含的前瞻性陳述更新或修改其信息。
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE CANADIAN SECURITIES EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE
CANADIAN SECURITIES EXCHANGE及其監管服務提供商（按該術語的定義）不接受這一新聞稿的內容的充分性或準確性責任
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