Pulsar Helium Reports Pressurized Gas Encounter at Jetstream #6 at the Topaz Helium Project, USA

Executive Summary

• Pulsar Helium announced that appraisal well Jetstream #6 at the Topaz Project intersected a pressurized helium‑rich gas zone at ~1,287 ft (392 m) with an estimated bottom‑hole pressure of ~576 psi and visible gas influx.
• This is the sixth consecutive Jetstream appraisal well to encounter pressurized gas, maintaining a 100% success rate and extending the project footprint ~1.3 mi southwest of the discovery well.
• Flow and pressure testing on wells #3 and #4 is scheduled to begin around February 15 2026, with subsequent testing of later wells after drilling concludes (expected late March 2026).

Key Details

• Well: Jetstream #6 (sixth appraisal well) – located ~1.3 mi (2.1 km) SW of discovery well Jetstream #1.
• Depth of gas encounter: ≈1,287 ft (392 m).
• Preliminary bottom‑hole pressure: ≈576 psi.
• Observation: Visible gas bubbling through drilling fluid at surface, confirming active pressurized flow.
• Drilling method: Continuous HQ core drilling, 3.8 in (96 mm) hole diameter; 24‑hour operations with rotating crews.
• Target total depth: 3,000–5,000 ft (914–1,524 m).
• Success rate: All six Jetstream appraisal wells drilled to date have intersected pressurized gas (100% success).
• Testing schedule:
• Flow and pressure‑build‑up testing equipment arrival – Feb 15 2026.
• Initial flow test on Jetstream #3 & #4 → ~6‑week run, followed by pressure build‑up (~6 weeks).
• Gas samples to be collected for laboratory analysis.
• Testing of Jetstream #5 and later wells to commence after drilling program ends (late Mar 2026).
• CEO Comment: “Achieving pressurized gas intersections in every Jetstream appraisal well drilled so far speaks to the strength of the geological model we’re developing at Topaz… our focus now is on building a high‑quality technical dataset…” – Thomas Abraham‑James, President & CEO.

Notable Quotes

“Achieving pressurized gas intersections in every Jetstream appraisal well drilled so far speaks to the strength of the geological model we’re developing at Topaz. Jetstream #6 is an important step‑out well that is 1.3 miles to the southwest from the discovery well, and seeing consistent results at this distance gives us confidence as we transition into the well testing phase.” – Thomas Abraham‑James, President & CEO

All boilerplate, forward‑looking statements, and disclaimer sections have been omitted for clarity.