BNL 12.5% 0.7¢ blue star helium limited

Blue Star Helium set to drill Sammons 315310C well within seven...

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    Blue Star Helium set to drill Sammons 315310C well within seven days

    The company is close to drilling at Sammons 315310C well to test the Serenity prospect while the Enterprise 16-1 well has been successfully cased and cemented across the Lyons formation and perforated in the gas zone.

    Blue Star Helium Ltd (ASX:BNL, OTC:BSNLF) is expected to start drilling within the next seven days at the Sammons 315310C well in Las Animas County, Colorado, to test the Serenity prospect.

    The drilling crew is finishing another operation, however, the rig is on standby in the area for when the crew turns its attention to Sammons

    The Sammons 315310C well is one of four approved helium wells in the Area of Mutual Interest (AMI) agreed between Blue Star (50%, non-operated interest), Prospero Oil and Gas LLC (25%, non-operated interest) and Vecta Oil & Gas Ltd (25% operating interest).

    The AMI includes Blue Star’s Serenity prospect, immediately southeast of its Galactica and Pegasus prospects where BNL recently announced three significant discoveries.

    Aggressive exploration

    BNL has been conducting an aggressive helium exploration program in Las Animas County.

    In mid-June, the company announced it would drill two new exploratory water wells at Galactica/Pegasus to follow up the helium discoveries in the recent three-well JXSN#1, 2 & 3 program.

    These will be drilled after completion of the maiden helium well at Serenity prospect, Sammons 315310C.

    The company also said further permits and drilling of two to five helium wells at Voyager were also expected during the second half of the year with BNL set to deliver appraisal and development of the helium discovery announced in BBB#1.

    Enterprise 16-1 operations

    Meanwhile, at the Enterprise 16-1 well, Blue Star has cased and cemented the well across the Lyons and perforated between 1,051 feet and 1,054 feet in the top of the gas zone. Swabbing operations are now complete and the rig has been released.

    The well exhibited pressure build-up and flow on several occasions during swabbing operations.

    Gas samples have been taken and sent to the laboratory for compositional analysis, with the results expected to be received in the next two weeks.

    At the conclusion of operations, the water level in the well stabilised above the perforations.

    The final completion configuration of the well will be determined after further drilling to the southeast, up-dip from Enterprise 16-1, where re-mapping shows the structural high to lie.

    Follow-up wells are set to target this structural high where significantly larger gas columns are expected. The company expects to test the structural high via an exploratory water well and then follow up with further helium wells.

    Blue Star’s strategy is to find and develop new supplies of low-cost, high-grade helium in North America.

 
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