Helix Exploration Reaches total depth in Darwin #1 Well, Reveals High Helium Concentrations

Proactive - Interviews for investors

Helix Exploration CEO Bo Sears joined Steve Darling from Proactive to announce the completion of the Darwin #1 well drilling at the Rudyard project area in Montana, where they reached a total depth of 5,488 feet within 12 days. Initial assessments showed promising helium gas-shows across multiple horizons, with concentrations reaching up to 1,312 ppm in drilling mud. Over 330 feet of potential gross pay was identified, including untapped formations not covered in historic drilling. The results indicate a larger anticline structure than initially modeled, as the target horizons came in higher than predicted. Sears noted that Darwin #1 appears to have been drilled near the apex of a more extensive domal anticline, suggesting a broader closure extent for the reservoir. Helix now plans to perform wireline logging at Darwin #1 to define specific zones for perforation and testing. The company is concurrently testing another well, Ingomar, marking a notably active phase for Helix. Additionally, ongoing testing at Clink #1 is set to reveal first gas analysis results soon, providing further insights into the company’s Montana exploration potential. #proactiveinvestors #helixexplorationplc #aim #hex #HeLIXExploration #EnergyUpdate #HeliumMarket #HydrogenExploration #KlinkWell #NaturalGas #ChipManufacturing #ProactiveInterview #HeliumDrilling #MontanaHelium #BoSears #HeliumExploration #EnergySector #CHIPSAct #DarwinWell #HeliumIndustry #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews