VANCOUVER, B.C., October 23, 2023 – Total Helium Ltd. (“Total Helium” or the “Company”) (TSXV: TOH), (OTCQB: TTLHF) (FRA: Y02.F) is pleased to provide an update on the first 19 wells drilled on the Company’s flagship Pinta South Project in Arizona.
19 WELLS DRILLED WITH 9 CONNECTED TO PIPELINE
To date, 9 wells have been connected to a newly constructed 6-mile pipeline, transporting gas to Ranger Development, LLC’s third-party processing facility with production being sold to a large industrial gas company via an offtake agreement. There are 10 additional wells in various stages of completion and pipeline connection. The current offtake agreement covers the first 10 wells, after which production will be sold on the spot market.