Pulsar Helium Inc. (AIM: PLSR, OTCQB: PSRHF, TSXV: PLSR), a leader in helium exploration, has announced the successful completion of the Jetstream #6 drilling at its flagship Topaz Project in Minnesota, USA. The well reached a total depth of 2,597 feet, marking a significant milestone for the company.
The drilling rig has now moved to Jetstream #7, where surface casing has been set and cemented, and drilling is currently in progress. The company also reports the completion of an extensive 2D active seismic acquisition program at the Topaz Project, comprising five seismic lines covering approximately 41.5 miles.
During the Jetstream #6 drilling process, multiple pressurized gas intervals were encountered, confirming the presence of gas within the formations. These intervals included notable pressure readings at depths of 1,287 feet (~576 psi), 2,120 feet (~981 psi), 2,187 feet (~1,012 psi), and 2,377 feet (~1,100 psi). The use of continuous HQ core drilling maximized geological data recovery, supporting the company’s geological model.
The Jetstream #7 appraisal well commenced drilling on February 19, 2026, with a planned total depth of 3,000 feet and the potential to extend to 5,000 feet. This well is strategically located 2.2 miles northwest of Jetstream #1, aimed at expanding the Topaz resource.
On February 20, 2026, Pulsar completed its 2D active seismic acquisition program at the Topaz Helium Project. This survey utilized low-impact seismic techniques to produce high-resolution images of the subsurface structure, enhancing the understanding of the Topaz reservoir and aiding in the identification of future drilling targets.
The data collected has been reviewed and confirmed to be of good quality, and it is currently being processed by Earth Signal in Calgary. The anticipated results are expected to provide deeper insights into the Topaz system and assist in optimizing future drilling operations.
Located in a stable jurisdiction, the Topaz Helium Project presents a significant exploration opportunity, with ongoing work indicating potentially saleable concentrations of helium and helium-3. The project has seen a 100% success rate in drilling appraisal wells, with six wells drilled to date, all intersecting pressurized gas. As the company continues to gather encouraging data, it remains focused on expanding its understanding of the resource base through further appraisal and testing efforts.
For more details about Pulsar Helium Inc. and its projects, visit pulsarhelium.com or check out their profile on Inside Ticker.