Investor Presentaiton slide image

Investor Presentaiton

TOTAL HELIUM Engineering Second Production Well: Miller 9D Second project well 20 miles northeast of the Boltz 35B well Total drilling depth of 3,200 feet 5.5-inch production casing 80,000 lbs proppant First stimulation performed on Miller 9D compared to Boltz 35B The smaller stimulation and limited entry perforations were performed 150,000 lb. stimulation on the Boltz 35B led to experimenting with a smaller stimulation on the Miller 9D well. Future stimulations will be designed with more limited entry perforations and larger staged stimulation Second stimulation added 4 additional zones in early May 80,000 lbs of proppant Dewatering operations ongoing Current production rate has increased from 20 Mcfpd and fluctuates between 100 to 300 Mcfpd. Rate could increase with the dewatering process. Initial production figures coming from only a portion of total productive formations Results from second stimulation ongoing and expected to increase production. Sales pipeline connected Sales pipeline connected for helium, methane and natural gas liquids The gas sample show concentrations of 0.58% helium, 61.01% methane and 3.09 gallons per Mcf of natural gas liquids Second Well: Miller 9D & Miller 9C Miller 9C: Summary Total Helium's 1st produced water disposal well Very close proximity to Miller 9D allowing for efficiencies and cost savings in drilling Total depth of 6,200 feet Proven disposal zone High disposal capacity 5,000 bbls of water per day with 250 psig injection pressure with current permitting Well potential could be higher Significant cost savings for disposal operations over long periods of time Connected to Miller 9D for dewatering operations Currently taking 500+ bbls of water per day on a vacuum DUKE DRILLING CO., INC. RIG 1 Helium 0.58% Nitrogen 26.28% Methane 61.01% Ethane 5.25% Propane 3.34% isoButane 0.38% n-Butane 1.04% isoPentane 0.21% 0.25% 0.34% Nnpentane Hexanes Plus 12
View entire presentation