Company
Blue Star Helium Ltd
ASX:BNL
Blue Star Helium Ltd (ASX:BNL) is an independent helium exploration and production company, headquartered in Australia, with operations and exploration in North America. The company's strategy is to find and develop new supplies of low cost, high grade helium in North America.
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Blue Star Helium welcomes Colorado’s passing of Voyager oil and gas development plan
Voyager's BBB 2860 Oil and Gas Development Plan (OGDP) has now moved to the final review and hearing phase.
Blue Star Helium logs confirm high concentration of helium at JXSN#4 discovery well in Colorado
“The results of this well will be integrated into current resource update process for Galactica/Pegasus which is expected to culminate in the declaration of contingent resources for this field," said MD and CEO Trent Spry.
Blue Star Helium welcomes record well permitting pace at Galactica-Pegasus
The Colorado Oil and Gas Conservation Commission has accepted the 'Galactica-Pegasus OGDP II' as complete within 65 days of its submission compared to the average of 121 days.
Blue Star Helium flows 6.5% helium to surface at Galactica/Pegasus
JXSN#4 is the fourth consecutive well on the Galactica prospect to identify helium in the targeted Lyons formation.
Blue Star Helium set for final investment decision at Voyager with maiden contingent resource
With the resource certification in tow, Voyager is on track for potential development, with 15 helium wells slated for permitting.
Blue Star Helium spuds JXSN#4 helium well at Las Animas County
JXSN#4 is a step-out well designed to test the structural and stratigraphic prospectivity to the northwest of the JXSN#1 well, where significant helium-bearing gas columns were discovered.
Blue Star Helium continues flow of strong gas news from Sammons well in Las Animas County
Initial flow testing was conducted with gas rates of around 115 mcfd through a ¾-inch orifice, no water was encountered during testing. Based on offset wells there is about 40 feet of high-quality lower Lyons sand in addition to the 15 feet
Blue Star Helium’s four development wells now approved
Approval for the final permit to drill is expected 30 to 40 days after Form 2 submission.
Blue Star Helium progresses permitting of helium wells in Las Animas County, Colorado
The Form 2A Oil and Gas Development Plan (OGDP) approval hearing date for the four planned helium development wells - State 09, 16, 35 and 36 - is set for September 14, 2022.
Blue Star Helium appoints CFO as it looks to develop helium assets
Scott Fenoglio's "input will be invaluable as we evaluate the various development and offtake scenarios that our central location amongst key infrastructure, including liquefaction plants, within a buoyant helium market, affords us,” CEO Tr
Blue Star Helium Sammons 315310C well penetrates upper Lyons sand gas reservoir
Flow testing demonstrated increasing gas rates and flowing pressure as the well was drilled deeper, achieving as high as 500,000 cubic feet per day through a 1.25-inch orifice.
Blue Star Helium makes strong drilling progress at Sammons Well in Colorado
Flow rates are consistent with those exhibited from the discovery wells recently drilled at the Galactica/Pegasus prospects and historically reported data from the nearby Model Dome field.
Blue Star Helium updates market on Sammons drilling progress
Sammons is just one of four approved helium wells in an area of mutual interest between Blue Star, Prospero Oil and Gas and operator Vecta Oil and Gas.
Blue Star Helium continues to advance helium wells in Colorado
The company is well-placed to benefit from its substantial oil and gas experience in exploring for helium across its highly prospective tenements in the Las Animas region of Colorado, USA.
Blue Star Helium spuds maiden well at Serenity prospect
The well is planned to total depth in the gas-bearing Lyons reservoir, which will maximise production if drilling is successful.
Blue Star Helium applies to develop seven more helium wells across Galactica and Pegasus prospects
The wells under application are poised to rapidly follow up, appraise and develop the helium discoveries (grading up to 3.14% helium) across the Las Animas County prospects in Colorado.
Blue Star Helium’s Sammons 315310C well expected to spud next week
Operator Vecta Oil & Gas Ltd advises that the pad for the well in Colorado has been constructed in preparation for spudding.
Blue Star Helium set to drill Sammons 315310C well within seven days
The company is close to drilling at Sammons 315310C well to test the Serenity prospect while the Enterprise 16-1 well has been successfully cased and cemented across the Lyons formation and perforated in the gas zone.
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Blue Star Helium strengthens US development expertise with chief operating officer appointment
“I have known Peter for some time, and I have observed him advance Tacitus from new play discovery through to production and eventual industry sale," MD/CEO Trent Spry said. "He is a proven operator with significant expertise in advancing a
Blue Star Helium sets for two new exploratory water wells to follow-up helium discoveries
After success at the JXSN 1, 2 and 3 wells at Galactica/Pegasus, the new wells will further test the extent of the gas-filled closures ahead of additional appraisal and development helium wells.
Blue Star Helium mobilises rig for Enterprise 16-1 helium well workover
The workover will involve setting a cement plug from TD up to 1,150 feet, then running and cementing 4.5-inch casing from 1,150 feet up across the Lyons formation. This work is expected to take about 12 days to complete.
Blue Star Helium set to spud maiden serenity helium well this month
The operator has advised the company that the rig has been contracted and the well is planned to spud in the week commencing June 27, 2022.
Blue Star Helium jumps on unearthing high helium concentration at Las Animas’ JXSN#3 discovery
“The gas column in JXSN#3 is located outside the Galactica P50 prospective resource contour and is larger than expected,” says CEO/MD Trent Spry.
Blue Star Helium seeks approval for six wells at Galactica/Pegasus and Voyager prospects in Colorado
Blue Star is seeking approval for six helium wells across the Galactica/Pegasus and Voyager prospects, with another three applications to be submitted in the coming weeks. The first four wells at Galactica/Pegasus are set for an approval he
Blue Star Helium higher on multiple discoveries at Galactica/Pegasus in Las Animas County, Colorado
“Our initial exploratory water well program at our Galactica/Pegasus prospects has been very successful with helium being discovered in each of the three wells drilled,” says MD.
Blue Star Helium receives final drill permit for Sammons helium exploration well
The Sammons 315310C well is the first of four wells proposed to be drilled in the Sammons Ranch OGDP, which was approved by the Colorado Oil and Gas Conservation Commission earlier this year.
Blue Star Helium continues its progress through well permitting activities
The first four of 29 drilling applications proposed for Blue Star Helium's Pegasus/Galactica prospects have passed completeness.
Blue Star Helium has Las Animas plan of development underway with Voyager on fast-track
Consulting engineers SIGIT Operating Company has been engaged for the work, which will include a FEED study for an initial processing facility at the Voyager prospect.
Blue Star Helium readies to drill third exploratory water well at Galactica/Pegasus helium prospect in US
The company is focused on rapidly advancing further drill planning and permitting across its key US prospects in 2022, including a mix of exploratory water wells and helium exploration wells.
Blue Star Helium drills first exploratory water well at Galactica/Pegasus helium prospect
The energy stock plans to provide a further update after an initial evaluation of all data from the well is complete.
Blue Star Helium ramps up key helium exploration activities in Las Animas County, Colorado
“The continuation of our successful exploratory water well program this year reflects the large benefits that we are able to both deliver and receive from undertaking this combined ESG and geologic evaluation initiative,” MD & CEO Trent Spr
Blue Star Helium completes drilling phase of maiden helium exploration well in US
Enterprise 16#1 is the first in a series of 10 wells planned to be permitted and drilled across the Blue Star portfolio during 2022.
Blue Star Helium gets COGCC green light for its Sammons Ranch Oil and Gas Development Plan
Approval of the Vecta Oil and Gas Ltd’s OGDP hearing held overnight was the residual condition precedent to the formation of the area of mutual interest.
Blue Star Helium sets and cements casing of maiden Enterprise 16#1 well in US ahead of deeper drilling
Blue Star is now moving to drill the Enterprise 16#1 helium well to target depth, which the company expects will be completed by Wednesday, February 23, US time. It marks the first of 10 wells the company intends to drill across its portfol
Blue Star Helium spuds maiden helium exploration well in Las Animas County
Once drilling is complete, an evaluation and testing program will commence and take just less than a week to conclude.
Blue Star Helium begins trading on OTCQB as helium interest grows
“Blue Star’s listing on the OTCQB market provides increased accessibility for investors in North America to invest in the company. This is particularly relevant given the helium market and investor base in the United States is the largest g
Blue Star Helium readies to drill Enterprise 16#1 helium well
The helium exploration and production company currently has its preferred drill rig at another location to complete a shallow well, after which it will move to the Enterprise property to kick off drilling next month.
Blue Star Helium receives unique permit to drill helium well
Shares have been as much as 12% higher after the company landed the first approved drilling application of any type for a helium well in Colorado, USA.
Blue Star enters three-way joint agreement to develop Serenity helium prospect in Colorado, US
“This transaction enables us to increase our interests in this prospect with the added benefit of expected near-term drilling by an experienced operator with strong alignment in the outcome," says MD.
Blue Star Helium re-drilled Voyager well confirms 134 feet gas column, four times greater than original well
“The average gas column height for wells in the historic Model Dome field is approximately 50 feet, making the column height at Voyager of 134 feet very significant in terms of supporting structural definition and seal capacity,” says MD.
Blue Star Helium to end year with drill pad construction for Enterprise 16#1 exploration well in Las Animas
Permissions are expected to be received soon and construction will start the moment the company gets the green light.
Blue Star Helium reveals high concentration of 8.8% helium in Voyage prospect water well, shares up
This represents one of the highest in-situ helium concentrations both in the US and globally.
Blue Star Helium prepares to drill helium exploration well in Colorado
The company recently raised A$15 million from a share placement to accelerate its helium exploration and development strategy over its Colorado acreage.
Blue Star Helium boosts coffers with A$15 million war chest
The gas stock will issue nearly 268 million shares to sophisticated and institutional investors, who participated at A$0.056 per share in the placement this week.
Blue Star Helium has Form 2A approved for Enterprise 16#1 exploration well in Colorado
This allows Blue Star to submit its final permit to drill, which is expected to be done in the next few days. It is understood that approval for the final permit to drill is typically received within 30 days of its submission.
Blue Star Helium encouraged by indicative outcomes of water well drilling program at Colorado holding
Blue Star Helium has furthered its water well drilling program, designed to produce data insights and provide water for local ranch holders, who will drill and own the wells with funding from Blue Star.
Blue Star Helium eyes final drill permit for Enterprise 16#1 well in Q4, 2021
The company’s strategy is to find and develop new supplies of low-cost, high-grade helium in North America.
Blue Star Helium increases resource and landholding at Las Animas ahead of drill program
The helium explorer’s half-year report showed cash reserves of $3.3 million at the end of June.
Blue Star Helium passes key permitting milestone for Enterprise 16#1 well in Colorado
In the absence of any petitions, an approval hearing is scheduled for October 27 with the final permit to drill the well expected during Q4 of 2021.
Blue Star Helium expects initial drilling permit for Enterprise 16#1 well in August
During the June quarter, the company acquired leases over an additional 10,160 net acres, including a key lease over the mapped crestal location at the Galactica prospect which is of particular strategic importance.
Blue Star Helium boosts landholding and prospective helium resources at Las Animas
A boost in Blue Star Helium’s Colorado landholding will better position the helium explorer and producer to carry out a drilling campaign.
Blue Star Helium submits initial application for permit to drill Enterprise well
“Our understanding is that Blue Star is one of the first to have successfully submitted an initial drilling application in Colorado under the new permitting regimen,” says MD & CEO.
Blue Star Helium appoints highly experienced helium explorationist as MD and CEO
Trent Spry has been integral in implementing the company’s current helium strategy as executive director and the company looks forward to him stepping up the new role to drive the world-class portfolio.
Blue Star Helium ‘very confident’ of being granted enterprise drilling permit at targeted prospects in Las Animas County, Colorado
The company has been actively engaging with the Colorado Oil and Gas Conservation Commission in pre-vetting several documents that must be submitted to comply with its newly implemented rules.
Blue Star Helium boosts P50 prospective helium resource 175% to 9.6 billion cubic feet across Las Animas portfolio
The Galactica, Pegasus and Argo prospects have been independently assessed to add 6.1 billion cubic feet to the company’s P50 unrisked prospective helium resource.
Blue Star Helium ends the December quarter with concrete steps to boost operations
During the quarter, the company increase landholding by 28% increase to 215,000 - thus greatly consolidating position over targeted drilling prospects.
Blue Star Helium adds large acreage across US Galactica and Pegasus prospects as it awaits approval for maiden drilling
The company is looking forward to an incredibly active 2021 following its recent A$6 million placement to fund its maiden drilling campaign and additional strategic leasing acquisitions.
Blue Star Helium halted with news pending on acquisition of material mineral leases
Recently, the company acquired an additional 6,720 acres through new leases won at the November Colorado State land auction, bringing its total land position in Las Animas, Colorado, to 182,000 gross (127,000 net) acres.
Blue Star Helium raises $6 million to fund multi-well drilling and secures additional Colorado acreage
The funds will be used for a multi-well drilling program along with further material lease acquisitions across Las Animas in Colorado.
Blue Star Helium in trading halt pending capital raising announcement
The company recently announced an unrisked prospective helium resource for its Enterprise and Galileo prospects.
Blue Star Helium’s Enterprise and Galileo prospective helium resource lifted 16% with maiden drilling to be expanded
The independent helium exploration and production company is seeking to expand its drilling program to a minimum of three wells and up to five wells to test several prospects in its portfolio.
Blue Star Helium expands footprint in highly prospective and high-value helium area of Arizona
The new leases could impact the prospective resource for both the Galileo and Enterprise prospects.
Blue Star Helium acquires strategically significant acreage within highly prospective region of Colorado
The new leases are expected to enable the company to drill multiple wells in its maiden drilling program.
Blue Star Helium in trading halt pending news on acquisition of material mineral leases
The company is well-placed to benefit from its substantial oil and gas experience in exploring for helium across highly prospective tenements in the Las Animas region of Colorado, USA.
S&P/ASX 200
Today’s top gainers on the ASX include Blue Star Helium Ltd (ASX:BNL) (+13.79%), Australian Vanadium Ltd (ASX:AVL) (+14.29%) and Mako Gold Ltd (ASX:MKG) (+10.00%).
Blue Star Helium higher after consolidation of landholding in highly prospective region of Colorado, USA
The company has leased an addition 5,356 net acres in the highly prospective Las Animas region of Colorado.
Blue Star Helium stakes first helium well location at Enterprise Prospect in US; permit to drill to be submitted
The company has the dominant position in Las Animas County, Colorado, with more than 120,000 gross (65,000) net acres.