First Helium Inc. provided an update on its recently completed 5,200 acre proprietary 3D seismic program over a portion of its most recently acquired lands at Worsley. Initial evaluation of the data by First Helium's exploration team indicates the presence of a number of highly prospective drill targets on trend with, and within, the same Leduc reef complex as the successful 15-25, 1-30 and 4-29 wells. These new drilling opportunities add to the Company's extensive existing inventory of locations at Worsley.

The Company is currently evaluating these targets for priority inclusion in upcoming drilling programs. The new seismic program overlaps the Company's existing 3D data over its three successful wells at Worsley and extends to the east where deeper horizons remain relatively unexplored. Increasing helium content, limited historic deep well penetrations and access to gas gathering infrastructure for efficient tie-in make this an extremely attractive area for future helium exploration. First Helium's exploration team is targeting natural gas pools containing helium, similar to those depleted pools on the westerly part of the play.

In that area, a single gas pool, the Leduc D3-D Pool, located approximately 25 km to the west of First Helium's 15-25 well, produced 46 Bcf of natural gas with approximately 1.0% helium content spanning a period of over 12 years.