PHOENIX, AZ / ACCESSWIRE / December 6, 2022 / PetroSun, Inc. (OTC PINK:PSUD); (the "Company") announced today the completion of drilling operations at its Manuel Seep 2-1 well.
The Manuel Seep well was drilled to a total depth of approximately 4,010 feet. Production casing was then installed and cemented.
PetroSun Chairman Gordon LeBlanc, Jr., stated, "We are excited to announce the completion of drilling operations at Manuel Seep, which we believe to be prospective for helium production. We are currently planning steps to test for the presence of helium in commercial quantities, including logging the well, before we determine a target zone for perforation and flow testing."
ABOUT PETROSUN, INC.
PetroSun, Inc. owns significant leasehold acreage that is prospective in helium exploration and production in the Holbrook Basin of Arizona and prospective for natural gas and helium in the Paradox Basin of Utah. The Company holds mineral leases on approximately 280,000 gross acres in the Holbrook Basin and over 26,000 gross acres in the Paradox Basin. The Company trades on the OTC Pink Sheets under the symbol "PSUD".
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Phoenix, Arizona 85018
SOURCE: PetroSun, Inc.