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Completion of Successful Drilling Campaign on Galactica-Pegasus Project and State-9 Flow Test Results and Gas Analysis Update LONDON, UNITED KINGDOM / ACCESS Newswire / June 10, 2025 / Helium One Global (AIM:HE1), the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA ("the Galactica Project"), provides an update following the Blue Star Helium (ASX:BNL) ("Blue Star") announcement issued today regarding the Galactica Project. Highlights Successful completion of the 2025 Galactica development drilling programme; significantly advancing the Galactica-Pegasus helium and CO2 project Consistent positive results across all six wells in the programme confirms the production potential and near-term monetization opportunity Well results support finalizing the development plan and fast-tracking to commercial production Next steps include advancing the Galactica wells to initial production in Q4 2025, utilizing the planned processing facility State-9 flowed naturally during drilling and at Total Depth ("TD") Flow rate at State-9 since TD has increased to over 360 thousand cubic feet per day ("Mcfd") Projected Stabilized Flow Rates are 400 Mcfd to 500 Mcfd constrained to optimize production, with a maximum potential rate of 600 Mcfd Early samples return helium concentration of up to 1.52% (air-corrected) and 80.48% CO2 Lorna Blaisse, Chief Executive Officer, commented: "This has been a successful development campaign, with consistently good flow rates and helium concentrations within the expected ranges.
