Northwire Canada EditionThursday, July 16, 2026
Sign inSubscribe
Northwire
⌕
CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6% CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6%
Drill Results

Pulsar drills Jetstream No. 6 to 2,597 feet depth

By The Northwire Desk — AI Analysis Feb 23, 2026 · 10:11 PLSR · 1.56 Pulsar Helium Inc
PLSR · Price

Executive Summary

  • Pulsar Helium reports the completion of Jetstream No. 6 at its Topaz project in Minnesota, confirming multiple pressurized gas intervals and supporting the geological model.
  • Drilling has commenced on Jetstream No. 7, a significant stepout appraisal well located 2.2 miles northwest of Jetstream No. 1, with a planned total depth of 3,000 feet (potential to deepen to 5,000 feet).
  • The company completed an extensive 2-D active seismic acquisition program consisting of five lines totaling 41.5 miles, with data validated by an independent expert and transferred for processing to refine structural mapping and resource assessment.

Key Details

  • Jetstream No. 6 Completion: Successfully drilled to a total depth of 2,597 feet.
  • Gas Intervals Encountered: Multiple pressurized gas zones were identified, including:
    • 1,287 feet (~576 psi)
    • 2,120 feet (~981 psi)
    • 2,187 feet (~1,012 psi)
    • 2,377 feet (~1,100 psi)
  • Drilling Observations: Gas was observed bubbling to surface through drilling fluids, confirming pressurized gas within intersected formations. Continuous HQ core was used to maximize geological data recovery.
  • Jetstream No. 7 Status: Drilling commenced on Feb. 19, 2026. Surface casing has been set and cemented; current depth is 737 feet.
  • Jetstream No. 7 Objectives: Planned total depth of 3,000 feet with potential to deepen to 5,000 feet. Located 2.2 miles northwest of Jetstream No. 1 to increase the size of the Topaz resource.
  • Seismic Survey Completion: 2-D active seismic acquisition completed on Feb. 20, 2026.
  • Seismic Specifications: Five seismic lines totaling 41.5 miles acquired using low-impact Vibroseis energy sources and wireless geophone nodes.
  • Data Quality: Raw seismic data reviewed on-site by an independent expert contractor and validated as good quality.
  • Next Steps: Data set transferred to Earth Signal (Calgary) for processing; interpretation to be conducted in-house to refine structural mapping, support resource assessment, and optimize future drilling.
  • Project Context: Topaz project has a 100% success rate with six previously drilled appraisal wells all intersecting pressurized gas. The project targets helium, helium-3, and carbon dioxide.

Notable Quotes

  • No direct quotes from management were included in the provided text.
Read the original news release →

More from Pulsar Helium Inc

Jun 30, 2026 · 10:54

Pulsar Secures Helium Liquefaction Plant Slot, De‑Risking Topaz Path to Commercial Production but Financing Gap Looms

M&A / Property Jun 23, 2026 · 02:00

Pulsar Helium Stages He-3 Marketing Push as Topaz Project Awaits Pre-Feasibility Study and Next Capital Raise

Other Jun 15, 2026 · 02:00

Pulsar Helium Announces Expanded Land Position at Topaz, and Provides a Project Technical Update

Drill Results Jun 02, 2026 · 02:15

Pulsar Files Financial and Operating Results for the Second Quarter Ended March 31, 2026

Earnings May 29, 2026 · 10:39

Pulsar Helium Secures Surface Control Ahead of Production Readiness Amid Regulatory Tailwinds

M&A / Property May 28, 2026 · 02:00

Minnesota’s Governor opens the spigot – new helium‑specific law clears the way for Pulsar’s Topaz project just as global supply chokes on Hormuz and Russian export bans; Chart Industries LOI locks in liquefaction pathway.

Production / Operations