- Blue Star Helium (BNL) successfully cases and cements its Enterprise 16-1 well in Las Animas County, Colorado
- The well was perforated between 1051 and 1054 feet in the top of the gas zone and gas samples have been sent for analysis with results expected in two weeks
- Blue Star is also scheduled to begin drilling the maiden Sammons 315310C well in the next seven days
- This well will be drilled at the Serenity prospect which lies southeast of the company’s Galactica and Pegasus prospects where three discoveries were recently made
- Company shares are down 3.13 per cent to trade at 3.1 cents at 11:58 am AEST
Blue Star Helium (BNL) has provided an operations update on two of its wells in Las Animas County, Colorado.
The company has successfully cased and cemented its Enterprise 16-1 well across the Lyons formation and perforated it between 1051 feet and 1054 feet in the top of the gas zone.
According to the energy stock, the Enterprise 16-1 well demonstrated pressure build-up and flow during swabbing operations which are now complete and the rig has been released.
Gas samples have been sent to the lab for compositional analysis and Blue Star expects results in the next two weeks.
The final completion configuration of the well will be determined after further drilling at the Enterprise prospect.
Over at the Serenity prospect, located southeast of Blue Star’s Galactica and Pegasus prospects, the company expects to begin drilling activities in the next seven days.
The crew are currently completing another operation and the rig is on standby in the area.
The company will drill the Sammons 315310C well which is is one of four approved helium wells in the Area of Mutual Interest agreed between Blue Star, who owns a 50 per cent non-operated interest, and its exploration partners, Prospero Oil and Gas and Vecta Oil & Gas, who own a respective 25 per cent interest.
Sammons 315310C will reportedly target both the upper and lower Lyons formation, up-dip from a historical well.
Company shares were down 3.13 per cent to trade at 3.1 cents at 11:58 am AEST.