Ann: Helium Discoveries at Galactica - Pegasus, page-9

thanks for that. the announcement says at the end:

The water wells are drilled by a contractor pursuant to a drilling contract between the contractor and the rancher. Neither the Company nor its subsidiaries are a party to this contract. The well is the property of the rancher and the Blue Star group does not have an economic interest in it. The Company will agree to fund water wells if the rancher selects a location that may be of interest to the Company, the Company has leased the underlying minerals and the rancher agrees to let the Company obtain any available data from the drilling program. Water wells are drilled for the purpose of producing water for use by the rancher. Water wells may not produce helium and may not be converted into producing helium wells.