Helium One Global Announces Drilling Update for Galactica-Pegasus Project

2 min read | December 23, 2024 12:15 AM PST | By Team Kalkine Media

Helium One Global Announces Drilling Update for Galactica-Pegasus Project — Image source: Shutterstock

Site Preparation and Drilling Plans

Helium One Global has confirmed that site access and the construction of the well pad at Jackson #31 have begun. Once civil work at Jackson #31 is completed, attention will shift to preparing the Jackson #04 location. The drilling of Jackson #31 is scheduled to begin in mid-January 2025, with drilling at Jackson #04 to follow shortly thereafter.

In addition to these initial wells, the company plans to drill three more approved wells as part of this campaign. Further details regarding the sequencing of these wells will be provided after the drilling of Jackson #04.

Positive Outlook for Galactica-Pegasus Project

The commencement of drilling at the Galactica-Pegasus project marks an important milestone for Helium One Global as it advances its helium exploration efforts in Colorado. With the ongoing work and the additional planned wells, the project continues to progress according to plan.

Helium One Global remains committed to developing the Galactica-Pegasus project and expects the drilling campaign to provide valuable insights and progress toward commercial helium production.

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