Pulsar Helium Inc. has reported a significant gas encounter at its Jetstream #3 well within the Topaz Project in Minnesota, with initial readings indicating substantially higher pressure than previous wells.
Drilling, which began on October 17th, intersected two gas-bearing intervals at depths of approximately 1,717 feet and 2,036 feet, before reaching a calculated bottom-hole pressure of around 960 psi at 2,167 feet. This compares to 185 psi recorded at Jetstream #1 and 205 psi at Jetstream #2, marking a notable increase in subsurface pressure.
The Jetstream #3 well is targeting a total depth of roughly 3,500 feet, with visible gas bubbling observed in the drilling mud returns at the surface — an encouraging early indicator of gas presence.
Core and gas samples from the well will now be sent for laboratory testing to determine the gas composition, helium concentrations, and the presence of the helium-3 isotope, which holds particular scientific and commercial interest.
The results are expected to provide critical data for assessing the helium potential and pressure regime at Topaz, advancing Pulsar Helium’s understanding of this promising North American helium play.
Thomas Abraham-James, President & CEO of Pulsar, commented:
“Encountering such strong gas pressure at Jetstream #3 is extremely encouraging for our team. A near-1,000 psi bottom-hole pressure suggests we have a highly charged reservoir at this location. This outcome not only validates the geological model we built from Jetstream #1 and #2, but also boosts our confidence as we continue drilling and begin the testing phase. We will proceed carefully to collect comprehensive data, including gas samples for lab analysis, to fully understand the reservoir’s characteristics. It’s an exciting milestone for Pulsar as we advance Topaz toward becoming a leading primary helium project in North America.”
