BLUE STAR HELIUM LIMITED

BLUE STAR HELIUM LIMITED (ASX: BNL)

COGCC approves OGDP for three proposed helium development wells at the Galactica/Pegasus project.
Development planning for Galactica/Pegasus project is advancing with multiple commercialization pathways considered.
Neighboring Red Rock project's helium production and sales demonstrate the viability of Blue Star's Galactica project and the chosen development pathway at Voyager.

2023-06-08 08:57:00

Three well drilling program at the high-grade Voyager development is set to commence in August, including two approved helium development wells and an exploratory well.
New OGDP application submitted for an additional four development wells at Voyager; agreements with mid-stream counterparty for leased helium facility expected to be executed shortly.
Blue Star on track for first helium production and sales from Voyager during Q4 CY2023.

2023-05-22 08:24:00

Final approval received to drill the first two helium development wells at the high-grade Voyager helium development.
Drilling of the first well is expected to commence in late Q2 or Q3, with additional five-well OGDP submission for Voyager planned in May.
Blue Star on track for first helium production and sales from Voyager during H2 CY2023.

2023-04-19 09:18:00

Final approval for drilling the first two helium development wells at the high-grade Voyager helium development is expected this month.
Drilling of the first well is set to commence in late Q2 or Q3, with first helium production and sales targeted for H2 CY2023.
Newly acquired strategic crestal mineral leases and surface access agreements are expected to increase Voyager contingent resources and enable optimized siting of the helium processing facility.

2023-04-11 08:27:00

COGCC has approved the Oil and Gas Development Plan ( OGDP ) for two proposed helium development wells (BBB 33 and BBB 34) at the Voyager project.
BBB 33 and 34 wells are to be drilled as offset development wells to the BBB#1 helium discovery.
Expected to produce into planned Voyager facility, targeted for first output in H2 CY2023.

2023-02-02 09:27:00

COGCC awards final approval for drilling of four development wells at Galactica/Pegasus.
These four wells are to be drilled as offset development wells to the JXSN#1 and JXSN#2 helium discoveries and are expected to be production wells.
The Colorado Oil and Gas Conservation Commission (COGCC) has approved the Forms 2 relating to each of the State 09, State 16, State 35 and State 36 development wells.

2023-01-09 10:00:00