Helium Evolution Incorporated ("HEVI" or the "Company"), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is pleased to announce that, in partnership with the operator, North American Helium Inc. (“NAH”), the Company has spud the 10-36-3-9W3 well (the “10-36 Well”) along the Mankota helium fairway.
The 10-36 Well is an offset well to HEVI’s recent helium discovery wells at 10-1-4-9W3 (the “10-1 Well”) and 9-35-3-9W3 (the “9-35 Well”), both of which demonstrated significant helium potential. HEVI holds a 20% working interest in the 10-36 Well, the 10-1 Well and the 9-35 Well.
In addition, HEVI is pleased to confirm its participation in the following upcoming wells within the Mankota helium fairway:
5-30-3-8W3 (the “5-30 Well”), anticipated to spud on or around January 20, 2025; and
3-19-3-8W3 (the “3-19 Well”), anticipated to spud on or around February 7, 2025.
The spudding of the 10-36 Well is an important step in the Company’s ongoing efforts to develop its helium assets in the highly prospective Mankota area. With multiple high-potential drilling opportunities underway, HEVI is well positioned for continued growth in helium exploration and production.
Stay Connected to Helium Evolution
Shareholders and other parties interested in learning more about the Helium Evolution opportunity are encouraged to visit the Company’s website, which includes an updated corporate presentation, and are invited to follow the Company on LinkedIn and X for ongoing corporate updates and helium industry information. Helium Evolution also provides an extensive, commissioned ‘deep-dive’ research report prepared by a third party whose background includes serving as a research analyst for several bank-owned and independent investment dealers.