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Canadian-based helium exploration company Helium Evolution Inc. intends to drill a joint well with its farm-in partner, North American Helium Inc., in accordance with its farm-out agreement announced on Oct. 21, 2022, the company announced in an Oct. 13 news release.
Helium Evolution confirmed participation in the drilling of the second well, Joint Well #2, at its 20% working interest, which will cost the company approximately $400,000 net, according to the release.
The well is expected to spud by November 2023 and will be located at 9-18-3-8W3M.
2023-12-13 - Wintershall is evaluating oil and gas resources in Norwegian Sea as potential subsea developments.
2023-12-22 - Talos Energy said it was the apparent high bidder on 13 blocks in Lease Sale 261 and had executed lease exchange agreements with BP, Chevron and Hess Corp.
2024-02-13 - Woodside’s Sangomar Field on track to start production in mid-2024.
2024-01-26 - Galp Energia's Avo-2 target in the Mopane-1X well offshore Namibia delivers second significant column of light oil.