First Helium Inc. News Releases

First Helium Inc. Announces Updated Private Placement and Withdrawal of Short Form Prospectus

Tue, 23 Jan 2024 07:00:00 -0500

Calgary, Alberta--(Newsfile Corp. - January 23, 2024) - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) (the "Company" or "First Helium") announces that it is further amending the terms of its non-brokered private placement (the "Private Placement"), which was previously announced in the Company's press releases dated November 30, 2023 and October 12, 2023. The Company has also determined not to proceed with its previously announced prospectus offering at this time and is withdrawing...

First Helium Announces Clarification to Previous News Release

Fri, 10 Nov 2023 16:05:00 -0500

Calgary, Alberta--(Newsfile Corp. - November 10, 2023) - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) ("First Helium" or the "Company"), an exploration and development company with properties in Northern and Southern Alberta, at the request of CIRO, announces a clarification to its news release issued on November 8th, 2023.In its release, the Company stated:"In addition to high probability oil targets, First Helium is targeting natural gas pools containing helium, similar to the...

First Helium Prepares Pipeline System for Activation

Wed, 08 Nov 2023 08:30:00 -0500

Finalizes Completion Plans for Horizontal Helium Target Well Calgary, Alberta--(Newsfile Corp. - November 8, 2023) - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) ("First Helium" or the "Company"), an exploration and development company with properties in Northern and Southern Alberta, is pleased to announce it has commenced preparations to bring its gas gathering pipeline infrastructure into service in conjunction with the planned installation of the 15 - 25 well helium processing...

First Helium Oil Production Surpasses 100,000 Barrel Milestone

Thu, 26 Oct 2023 07:30:00 -0400

Company Prepares for Oil Target Drill Testing and Prioritizes Additional Drilling Targets Calgary, Alberta--(Newsfile Corp. - October 26, 2023) - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) ("First Helium" or the "Company"), an exploration and development company with properties in Northern and Southern Alberta, is pleased to announce that its two 100% owned oil wells, 1-30 and 4-29, have cumulatively produced over 105,000 barrels of approximately 35-degree API light oil through the...

First Helium to Drill Light Oil Development Location to Increase Production and Cash Flow

Thu, 12 Oct 2023 09:00:00 -0400

Company Announces Non-Brokered Private Placement to Raise up to $2.5 Million Calgary, Alberta--(Newsfile Corp. - October 12, 2023) - First Helium Inc. (TSXV: HELI) (FSE: 2MC) ("First Helium" or the "Company"), an exploration and development company with properties in Northern and Southern Alberta, is pleased to announce its plans to drill an existing "proven undeveloped" light oil location as well as re-enter an existing well bore to test multiple zones for oil and gas with potential helium...

First Helium Provides Corporate Update

Wed, 04 Oct 2023 09:00:00 -0400

Company Prioritizes Oil Targets and Finalizes Helium Processing Facility Design and Vendor List Calgary, Alberta--(Newsfile Corp. - October 4, 2023) - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) ("First Helium" or the "Company"), a helium exploration and development company with properties in Northern and Southern Alberta, is pleased to provide an update regarding its Worsley helium production facility ("Production Facility") and further highlights of its exploration and development...