Imperial Helium Corp (TSX-V:IHC, OTCQB:IMPHF) CEO David Johnson tells Proactive it has revealed positive results from an independent production test analysis of the Sub-Salt Zone in the IHC-Steveville-3 well that showed “significantly more valuable” gas. Tests conducted by IHS Markit calculated absolute open flow rate of 13.3 million cubic feet of gas per day (mmcf/d), and the capability of sustaining production rates of 2.5 mmcf/d for three years before decline.
Imperial Helium reveals results from independent tests on the Sub-Salt Zone in Steveville-3 well