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FINWIRES

Quantum Helium to Finalize Engineering Assessment at Sagebrush Project in US

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Quantum Helium (QHE.L) said the engineering assessment for its Sagebrush project in Colorado, US, is nearing completion, which will define the next phase of testing, stimulation, and field development.

The helium, hydrogen, and hydrocarbon company said Monday the next Sagebrush-1 well program will involve a larger stimulation treatment designed to boost contact with the natural fracture network and improve sustained flow rates.

Results from the program will provide the technical basis for the next stage of commercial development.

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