Northwire Canada EditionThursday, July 16, 2026
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 Helium finds three gas zones at Jetstream No. 6

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Executive Summary

  • Pulsar Helium Inc. reports that its Jetstream No. 6 appraisal well at the Topaz Helium Project in Minnesota has encountered three additional high-pressure gas zones, including two intervals with estimated bottom-hole pressures exceeding 1,000 psi.
  • The well is currently drilling toward a total depth (TD) of approximately 3,000 feet using continuous HQ core drilling to maximize geological sample recovery.
  • Upon reaching TD, the drill rig will mobilize to the Jetstream No. 7 location, situated approximately 2.2 miles northwest of the Jetstream No. 1 discovery well, to continue the appraisal program.

Key Details

  • Well Location: Jetstream No. 6 appraisal well, Topaz Helium Project, Minnesota, USA.
  • Drilling Method: Continuous HQ core drilling (3.8 inches) to maximize geological sample recovery.
  • Current Status: Drilling continues toward a planned total depth (TD) of approximately 3,000 feet.
  • Identified Pressurized Gas Zones:
    • 1,287 feet: Estimated bottom-hole pressure of 576 psi (previously reported Feb. 9, 2026).
    • 2,120 feet: Estimated bottom-hole pressure of 981 psi.
    • 2,187 feet: Estimated bottom-hole pressure of 1,012 psi.
    • 2,377 feet: Estimated bottom-hole pressure of 1,100 psi.
  • Surface Observations: Gas was observed bubbling through drilling fluids at the surface, indicating the presence of pressurized gas in the intersected intervals.
  • Data Caveat: Pressure readings were obtained during drilling operations and represent preliminary measurements; they do not constitute stabilized reservoir pressures or sustained flowtest results.
  • Future Operations: The drill rig will mobilize to Jetstream No. 7 upon reaching TD at Jetstream No. 6.
  • Jetstream No. 7 Details: Located approximately 2.2 miles northwest of the Jetstream No. 1 discovery well; planned TD is approximately 3,000 feet.
  • Project Context: Six appraisal wells have been drilled at Topaz to date (with the sixth still in progress), all intersecting pressurized gas, representing a 100% success rate. The project focuses on helium, helium-3, and carbon dioxide.

Notable Quotes

  • None explicitly quoted in the provided text.
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