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Vecta Project Helium Drilling Campaign

Sector: Oil and Gas • Location: Colorado, United States

Source: Investing.com UK

Project
Under Construction

Mosman Oil and Gas Limited has commenced drilling operations at "The Bard" lease area in the Vecta Project, Colorado. This is the second well in a planned five-well drilling campaign targeting helium resources. The drilling targets the Lyons Sandstone formation to a planned depth of 725 feet, with gas testing to determine helium concentrations. The project is located in Las Animas County, near exi

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The project “Vecta Project Helium Drilling Campaign” is an infrastructure initiative in the Oil and Gas sector, located in Colorado, United States. Taiyo aggregates data on it from Investing.com UK.

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Description

Description

Mosman Oil and Gas Limited has commenced drilling operations at "The Bard" lease area in the Vecta Project, Colorado. This is the second well in a planned five-well drilling campaign targeting helium resources. The drilling targets the Lyons Sandstone formation to a planned depth of 725 feet, with gas testing to determine helium concentrations. The project is located in Las Animas County, near existing helium fields. Mosman holds a 90% working interest in the lease area, with Vecta operating at no cost in exchange for a 10% carried interest. The campaign aims to gather data on potential helium resources in an area with established helium production history.

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