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BLUE STAR HELIUM LIMITED - Discussion

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Market Cap $13.47M  !
Metals & Mining Industrial Metals & Minerals
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Blue Star Helium Ltd (ASX:BNL, OTCQB:BSNLF) is an Australia-based independent helium... Blue Star Helium Ltd (ASX:BNL, OTCQB:BSNLF) is an Australia-based independent helium exploration and production company with operations and exploration in North America. The Company has a land position in Las Animas County, Colorado (US). Blue Star’s main helium development at the high-grade Voyager discovery includes two development wells now in the final Form Two stage of approval by the Colorado Oil and Gas Conservation Commission. The Company’s Galactica/Pegasus development is a larger-scale project with multiple potential product streams. At 31 December 2022, Blue Star had an interest in 18 helium wells permitted or under permitting covering prospects at Voyager, Galactica/Pegasus, Enterprise, Galileo and Serenity. In addition, preliminary survey work is underway for an additional 38 potential drilling locations across the portfolio as part of the Company’s rolling permitting strategy. Blue Star Helium is focused on delivering high-grade, low-cost helium projects in the US with a plan of development and Front-End Engineering and Design (FEED) studies already underway. More

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