Voyager Development Well Permitting Update

Blue Star Helium Limited (ASX:BNL, OTCQB:BSNLF) (Blue Star or the Company) provides an update on helium development well permitting at its Voyager helium project in Las Animas County, Colorado.

Highlights

• COGCC approves OGDP for two proposed helium development wells (BBB 33 and BBB 34) at the Voyager project.
• BBB 33 and 34 to be drilled as offset development wells to BBB#1 helium discovery and expected to produce into planned Voyager facility, targeted for first output in H2 CY2023.

Voyager permitting

The Colorado Oil and Gas Conservation Commission (COGCC) has approved the Oil and Gas Development Plan (OGDP) relating to two proposed helium development wells (BBB 33 and BBB 34) at the Voyager project. Following this approval, Blue Star is set to submit the final Form 2s in respect of these wells shortly.

The BBB 33 and 34 wells are to be drilled as offset development wells to the BBB#1 helium discovery. They are expected to produce into the planned Voyager processing facility, targeted for first helium product gas output during H2 CY2023 (see BNL ASX release 19 December 2022).

The location of these initial development wells at Voyager are shown on the map overleaf.

Overall helium well permitting progress

The table below outlines the current status of Blue Star’s helium development well permitting activities in Las Animas County, Colorado.

This ASX Announcement has been authorised for release by the Board of Blue Star Helium Limited.

Click here for the full ASX Release

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