After Pulsar Helium (TSX.V: PLSR, FSE: Y3K, WKN: A3EP2C) encountered attractive pressurized gas zones at several locations with the Jetstream #5 well at its Topaz Helium Project in Minnesota, USA, a similarly significant success is now emerging for the currently ongoing Jetstream #6 well. This week, three additional pressurized gas zones were reported, supplementing the previously announced occurrence.
During the drilling process, gas was observed bubbling through the drilling fluid to the surface in all three instances. Pulsar interprets these visual findings as a clear indication that the drill bit had intersected a high-pressure reservoir during these phases. This is an important success, especially since the well has not yet reached its final total depth of approximately 1,000 meters.
Pulsar had already reported an initial gas discovery in Jetstream #6 last week, when an elevated gas pressure of 576 psi was detected at a depth of 392.27 meters. The next success occurred after a drilling depth of 646.17 meters was reached. The gas discovered here is under significantly higher pressure, as the estimated gas pressure increased to 981 psi.
Pulsar Helium Intersects Multiple Superimposed Pressurized Gas Zones in Jetstream #5 and Jetstream #6
The measurements taken during the ongoing drilling are merely a preliminary approximation at this stage, from which no confirmed reservoir pressures can yet be derived. These will be reserved for subsequent in-depth pressure analyses.
Nevertheless, it can already be stated that the Jetstream #6 well, with a total of four pressure reservoirs, two of which have a gas pressure of at least 1,000 psi, represents another significant success that impressively confirms Pulsar’s geological model.
Now, the remaining meters to the planned final depth of approximately 1,000 meters must be drilled. Subsequently, the drilling rig will be immediately moved to the Jetstream #7 site. It is located approximately 3.54 kilometers northwest of the Jetstream #1 discovery well site. Here, too, Pulsar plans to explore the subsurface to a depth of 1,000 meters.
For shareholders of Pulsar Helium, the year 2026 begins with a series of very positive achievements. Investors therefore have every reason to eagerly anticipate the more precise measurements due from the end of February and the planned Jetstream #7 drilling.
