Nov. 11 at 1:19 PM
$PSRHF Highlights:
· Successful Drilling: Jetstream #3 reached a total depth ("TD") of 3,507 feet (1,069 meters) on November 7, 2025, successfully penetrating the entire interpreted helium-bearing interval.
· Commencement of drilling at Jetstream #4: Drill rig relocated and Jetstream #4 successfully 'spudded' on Sunday November 9, 2025, as progress begins toward achieving a TD of 3,000 feet (914 metres).
· Strong Pressure: Multiple pressurized gas zones throughout the drilling campaign with a calculated bottom-hole pressure of approximately 960 psi. This strong pressure reading indicates a robust, naturally pressurized, highly charged reservoir at the well location, providing further validation of the Topaz reservoir's potential.
o For comparison, Jetstream #1 had a well-head pressure of 185 psi when drilled in 2024, and Jetstream #2 a well-head pressure of 205 psi.