Second helium well being planned for Q3-4 2022
Our 2021 Catalyst Hunter Pick of The Year Grand Gulf Energy (ASX: GGE) just announced that it plans to drill a second well at its helium project in Utah, USA.
Along with an announcement confirming GGE would re-enter its Jesse #1A well, GGE confirmed that it has already started ranking other prospects across its helium project in preparation for the drilling of a second well over its project area.
GGE confirmed that the drilling of the second well was being planned for Q3-4 2022.
We previously covered GGE’s other exploration prospects and especially like the following:
- That GGE has four mature step out drilling locations whereby it can follow up its recent discovery at the Jesse prospect
- That GGE has three NEW and Independent prospects where GGE can drill to try and make an entirely new discovery.
We covered these exploration prospects in a previous note, to see our deep dive click here and scroll down to the section “Plenty of other targets to follow up after this well”:
