Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has updated investors on its progress at the Galactica Project in Las Animas County, Colorado, where its slated to drill up to five wells in an upcoming campaign.
The company, which holds a 50% working interest in the helium project, said it had started work on site access and the well pad at Jackson #31.
Drilling at Jackson #31 is expected to begin in mid-January 2025, weather permitting, with further operations planned to follow at Jackson #04.
Helium One expects to provide investors with further details after the completion of drilling at Jackson #04.