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GOLD 4060.40 −2.2% SILVER 55.01 −4.7% COPPER 6.40 −2.8% OIL 99.47 +2.4% PALLADIUM 1052.50 −3.4% ATY 0.215 −8.5% CNL 14.70 −8.9% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7% GOLD 4060.40 −2.2% SILVER 55.01 −4.7% COPPER 6.40 −2.8% OIL 99.47 +2.4% PALLADIUM 1052.50 −3.4% ATY 0.215 −8.5% CNL 14.70 −8.9% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7%
Drill Results

Pulsar Helium completes drilling Jetstream No. 3 well

By The Northwire Desk — AI Analysis Nov 11, 2025 · 10:25 PLSR · 0.72 Pulsar Helium Inc
PLSR · Price

Executive Summary

  • Pulsar Helium completed appraisal well Jetstream #3 at the Topaz project, reaching a total depth of 3,507 ft (1,069 m) and confirming strong reservoir pressure (~960 psi).
  • Drilling commenced on Jetstream #4 on Nov. 9, 2025, targeting a TD of ~3,000 ft (914 m).
  • The company will conduct open‑hole wireline logging, optical televiewer imaging, and planned flow‑testing/pressure‑buildup on Jetstream #3 to evaluate deliverability as part of a 10‑well campaign aimed at updating the Topaz resource and completing a PEA in H1 2026.

Key Details

  • Jetstream #3 Completion: TD = 3,507 ft (1,069 m) on Nov 7 2025; penetrated entire interpreted helium‑bearing interval.
  • Pressure Findings: Bottom‑hole pressure ≈ 960 psi, markedly higher than Jetstream #1 (185 psi, 2024) and Jetstream #2 (205 psi, 2024).
  • Jetstream #4 Spudding: Rig mobilized and spudded on Nov 9 2025; target TD ≈ 3,000 ft (914 m).
  • Next‑Step Evaluation (Jetstream #3): Open‑hole wireline logs, optical televiewer imaging, followed by controlled flow‑test and pressure‑buildup program.
  • Campaign Scope: Up to 10 appraisal wells intended to delineate geometry, extent, and productivity of the helium reservoir at Topaz.
  • Strategic Timeline: Resource update and Preliminary Economic Assessment (PEA) planned for the first half of 2026.

Notable Quotes

“It is my pleasure to report the successful completion of drilling the Jetstream No. 3 appraisal well… Initial bottom‑hole pressure readings surpass expectation and reinforce our belief in the huge potential offered by this incredible multicommodity gas discovery.” – Thomas Abraham‑James, President & CEO

“With the drilling of Jetstream No. 4 under way and downhole testing soon to commence at Jetstream No. 3, momentum continues to build at Topaz as we advance our drilling campaign…” – Thomas Abraham‑James, President & CEO

Read the original news release →

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Production / Operations