Pulsar Helium Reports Commencement of Jetstream #7 and Completion of Seismic Survey at the Topaz Helium Project, USA

Executive Summary

• Completed drilling of Jetstream #6 to a total depth of 2,597 ft, intersecting multiple pressurised gas zones that confirm the Topaz geological model.
• Mobilised the rig to commence drilling of Jetstream #7 (TD ≈ 3,000 ft, potential to deepen to 5,000 ft) as a significant step‑out appraisal well.
• Finished an extensive 2D active seismic program across the Topaz Project – five lines totaling 41.5 mi – with data validated as good quality and now being processed for interpretation.

Key Details

• Jetstream #6 Completion
• Total depth (TD): 2,597 ft.
• Pressurised gas intervals encountered:
  • 1,287 ft (~576 psi)
  • 2,120 ft (~981 psi)
  • 2,187 ft (~1,012 psi)
  • 2,377 ft (~1,100 psi)

• Gas observed bubbling to surface during drilling; continuous HQ core retrieved.

• Jetstream #7 Status

• Drilling commenced 19 Feb 2026; surface casing set and cemented.
• Current depth: 737 ft (as of announcement).
• Planned TD: 3,000 ft with option to deepen to 5,000 ft.

• Location: ~2.2 mi NW of Jetstream #1 – a step‑out appraisal well aimed at expanding the Topaz resource footprint.

• 2D Seismic Program

• Five seismic lines acquired, total length 41.5 mi, completed 20 Feb 2026.
• Low‑impact Vibroseis sources and wireless geophone nodes used for high‑resolution imaging.
• Raw data QA/QC‑reviewed onsite by an independent contractor; deemed good quality.

• Data transferred to Earth Signal (Calgary) for processing; interpretation will be performed in‑house to refine structural mapping, support resource assessment, and guide future drilling targets.

• Operational Context

• Topaz Project now has six drilled appraisal wells with a 100 % success rate of intersecting pressurised gas; Jetstream #7 is the seventh well.
• Ongoing technical work focuses on expanding understanding of helium, helium‑3 and CO₂ occurrences within the reservoir.

Notable Quotes

• “The successful completion of Jetstream #6 and the commencement of Jetstream #7, together with our newly acquired seismic dataset, provide a robust foundation for advancing the Topaz Project toward its next development milestones.” – Thomas Abraham‑James, President, CEO & Director, Pulsar Helium Inc.