Joanne Kendrick

ASX-listed Blue Star Helium continues to build out its strategic land bank in the USA that surrounds the historic Model Dome helium gas field which once produced helium at good rates with awesome yields. Blue Star has increased its net acreage holding to 120,000 acres, recently adding 12,557 net acres, mostly within its highly ranked Galileo prospect, due west of Model Dome.

ASX-listed US helium player, Blue Star Helium, has upgraded the potential resources for two high-grade targets at its Las Animas helium project in Colorado ahead of a maiden drilling program. Perth-based Blue Star increased the combined prospective resources for the Enterprise and Galileo prospects by 16.5 per cent to 3.497 billion cubic feet of net recoverable helium in the 2U/P50 category.

Blue Star Helium has continued to expand its project tenure at its Las Animas helium play in Colorado in the proven high-grade helium fairway adjacent to the historic Model Dome helium field, as the company prepares for a much-anticipated maiden drilling program. It has just secured leases for a further 6,720 acres to increase its overall lease holdings to 182,000 gross or 127,000 net acres.

Blue Star Helium has picked up significant additional acreage across two leading prospects and other prospective ground at its Las Animas helium project in the US as it champs at the bit to kick off a highly anticipated maiden drill campaign comprising three and up to five wells in early 2021. The company has more than doubled its lease holdings around the historic high-grade Model Dome helium field this year.

ASX-listed Blue Star Helium’s US helium development hopes have been given a massive lift on the back of a 175 per cent increase in combined potential resources to 9.6 billion cubic feet across five prospects at its Las Animas helium project in Colorado. The additional 6.1 billion cubic feet in “2U/P50 unrisked prospective” helium resources came from Blue Star’s newly assessed Galactica, Pegasus and Argo prospects.

Buru Energy has beefed up its board ahead of its big 2021 energy exploration push with its newly minted partner, Origin Energy, as it seeks to flex its muscles further in WA’s hydrocarbon-rich Canning Basin. Respected, long-serving non-executive director Eve Howell will retire and three new non-executives will join the board as Buru gears up for 2021.