Helium One confirms free gas at Jackson-27 in boost to Galactica project

  • Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has reported successful drilling and confirmed free gas at its Jackson-27 development well in Colorado, the latest in a string of promising results from the Galactica-Pegasus helium project. The fourth well in the development drilling programme reached total depth at 1,183 feet and encountered 60 feet of gas-saturated sands within the Upper Lyons Sandstone Formation.