I think, once the dust has settled, this will be viewed as an important point in our collective journey. 6.5% from a definitive gas well is an incredible figure and BNL has 4 wells in this area. Still some analysis to go with gas flows etc, but, this is pretty good.
Blue Star Managing Director and CEO, Trent Spry, commented: “Our exploration program at Galactica/Pegasus prospect continues to deliver. We are delighted to have returned high-concentration helium from a fourth consecutive exploration well in this area. “The result reconfirms Galactica/Pegasus as one of our high-priority development areas in Las Animas. This dynamic is reflected in our current development well scheduling activities for this field
BNL Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
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