Grand Gulf Energy Ltd. provided an update regarding the forthcoming high impact pure helium well Jesse-2. Well site construction is on schedule to support a mid-March spud with location site works progressing to over 70% completion. All long lead items have been purchased and the contracted drill rig availability supports the mid-March spud date. Jesse-2 has a binding helium offtake agreement and is located immediately adjacent to pipeline connected to Lisbon Helium plant allowing for near immediate monetisation of a commercial well.
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- Grand Gulf Energy Ltd Provides an Update Regarding the Forthcoming High Impact Pure Helium Well Jesse-2