Helium One Global Ltd (AIM: HE1) updated investors on its drilling at the Jackson-4, in Colorado, where it has completed the intermediate section.
So far, drilling has reached a depth of 1,123 feet. Casing is now being installed, and the next phase of drilling will take the well into the target (the Lyons Sandstone formation).
After that, the well will undergo wireline logging, and a wellhead will be installed to record flow and pressure data.
If testing at Jackson-4 is successful, the well will be completed and made ready for connection to production facilities.