Helium Evolution Incorporated announced that in partnership with operator, North American Helium Inc. (“NAH”), the Company drilled well 10-36-3-9W3 (the “10-36 well”) along the Mankota helium channel. Well 10-36 is an offset well to HEVI's recent helium discovery wells, 10-1-4-9W3 (“Well 10-1”) and 9-35-3-9W3 (“Well 9″). -35”), both of which demonstrated significant helium potential. HEVI has a 20% interest in Well 10-36, Well 10-1 and Well 9-35.
Additionally, HEVI has confirmed its participation in the following wells located in the Mankota Helium Channel: 5-30-3-8W3 (the “5-30 Well”), which is scheduled to be drilled on or about January 20 2025; and 3-19-3-8W3 (the “3-19 Well”), which is scheduled to be drilled on or about February 7, 2025. The drilling of Well 10-36 is an important milestone in the Company's ongoing efforts to develop its helium assets in the very promising Mankota region. With multiple high-potential drilling opportunities underway, HEVI is well positioned for continued growth in helium exploration and production.
