Helium concentration is part of the story another important factor is the flow rate to calculate the amount of helium that could potentially be produced each day. So obviously for GHY the higher the flow rate it can achieve the better and the size of a potential prospective resource once they have more data.
Take Doe Canyon - Air Products I think it has flow as high as 20000mcf/day of raw gas at 0.4% equates to 80mcf/day of helium from such a well. Air Products a supplier to NASA of liquid helium for instance.
Then compare to Blue Star - Galactica highest flow about 400mcf/day of raw gas at 4% equates to 16mcf/day of helium from such a well.
GHY Price at posting:
$1.01 Sentiment: None Disclosure: Not Held
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