Pulsar Helium Completes Jetstream #7 Drilling, Prepares for Flow Testing at Topaz Project
Event summary
- Pulsar Helium completed drilling Jetstream #7 at the Topaz Helium Project, reaching a total depth of 2,979 feet on March 10, 2026.
- Gas was encountered at approximately 2,107 feet with a preliminary bottom-hole pressure of 953 psi, confirming a strongly pressurized system.
- Down-hole logging of Jetstream #7 was completed on March 17, 2026, with the logging truck mobilizing to Jetstream #6.
- Flow and pressure build-up testing across the Jetstream wells is anticipated to commence in late March or early April 2026.
- Seismic data processing for the Topaz Project has been completed, with interpretation expected to enhance structural understanding.
The big picture
Pulsar Helium's successful drilling campaign at the Topaz Project underscores the continuity and strength of the helium system, with a 100% success rate across seven appraisal wells. The upcoming flow testing phase is pivotal for validating the resource's commercial viability, aligning with the growing demand for primary helium supply from stable jurisdictions. The strategic significance of helium-3, with applications in national security and advanced technologies, adds potential upside to the project's value.
What we're watching
- Resource Validation
- How the upcoming flow and pressure testing will define the scale and commercial potential of the Topaz helium resource.
- Geological Model
- Whether the seismic data interpretation will refine reservoir mapping and optimize future appraisal activities.
- Market Positioning
- The pace at which Pulsar can transition from exploration to production, given the strategic importance of new primary helium supply.