"VZB was the drilling contractor for D3 Energy’s maiden two well drilling program at ER315, which confirmed world class helium concentrations of 5.0% and 5.1% respectively"
"RBD10 flowed at an average stabilized rate of 126 thousand cubic feet for a 36-hour period without any evidence of decline"
"plans to locate the RBD12 well close to the historical RBD03 borehole, which is also flowing methane and helium and has been doing so since 1984"
"production testing programme will start with testing of legacy gold exploration boreholes RBD01 & RBD03 as soon as early next month"
"RBD12 is budgeted to cost around AU$200,000 to drill and complete, costs will be much lower during development"
https://oilman.beehiiv.com/p/oilman-jims-letter-june-19-2024
Worth reading
"VZB was the drilling contractor for D3 Energy’s maiden two well...
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