Additional High-Pressure Gas at Jetstream #6 Topaz
Pulsar Helium Inc. has announced that its Jetstream #6 appraisal well at the Topaz Project in Minnesota has encountered three additional pressurized gas zones, with two intervals showing estimated bottom-hole pressures exceeding 1,000 psi, specifically at 2,187 feet with 1,012 psi and 2,377 feet with 1,100 psi. Drilling is continuing to a total depth of approximately 3,000 feet, after which the rig will move to Jetstream #7. These findings, including gas observed bubbling at the surface, indicate the presence of pressurized gas, supporting the company's helium exploration efforts.
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| NEWS RELEASE | FEBRUARY 16, 2026 | CASCAIS, PORTUGAL |
PULSAR HELIUM REPORTS ADDITIONAL HIGH-PRESSURE GAS ZONES ENCOUNTERED AT JETSTREAM #6, TOPAZ HELIUM PROJECT, USA
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a primary helium company, announces that its Jetstream #6 appraisal well at its flagship Topaz Project (Minnesota, USA) has encountered three additional pressurized gas zones including two intervals with estimated bottom-hole pressures exceeding 1,000 psi. Drilling of Jetstream #6 continues to a total depth (TD) of approximately 3,000 feet, when the rig will then mobilize to Jetstream #7.
Highlights:
Pressurized Gas Zones: Have been observed at approximately:
o 1,287 feet with an estimated bottom-hole pressure of 576 psi (previously reported Feb 9, 2026)
o 2,120 feet with an estimated bottom-hole pressure of 981 psi
o 2,187 feet with an estimated bottom-hole pressure of 1,012 psi
o 2,377 feet with an estimated bottom-hole pressure of 1,100 psi
Gas was observed bubbling through drilling fluids at surface, indicating the presence of pressurized gas in the intersected intervals.
These pressure readings were obtained during drilling operations and represent preliminary measurements. They do not constitute stabilized reservoir pressures or sustained flow test results.
Jetstream #6 is being drilled using continuous HQ core drilling (3.8-inch) to maximize geological sample recovery.
Drilling continues toward a planned TD of approximately 3,000 feet.
Forward Appraisal Program
Upon reaching TD at Jetstream #6, the drill rig will mobilize to the Jetstream #7 location, situated approximately 2.2 miles northwest of the Jetstream #1 discovery well. Jetstream #7 is planned to a TD of approximately 3,000 feet.
About the Topaz Project
The Topaz Helium Project is a helium exploration opportunity located in Minnesota, USA, a stable jurisdiction with established infrastructure and access to experienced technical services. Exploration and appraisal work to date has identified potentially saleable concentrations of helium, helium-3 and carbon dioxide. Helium-3 is a rare isotope of helium with strategic applications in national security, quantum computing and advanced energy technologies, providing additional potential upside. A total of six appraisal wells have been drilled at Topaz (the sixth still in progress), all of which intersected pressurized gas, representing a 100% success rate to date and supporting the geological model for the project. Ongoing technical work continues to generate encouraging data and is focused on expanding the Company's understanding of the resource through further appraisal, testing and analysis. With a significant acreage position and multiple identified targets, Topaz represents a core asset within the Company's portfolio and underpins its strategy to build exposure to high-value industrial and specialty gas markets.
On behalf Pulsar Helium Inc.
"Thomas Abraham-James"
President, CEO and Director
Pulsar Helium Inc.
+ 1 (218) 203-5301 (USA/Canada)
+44 (0) 2033 55 9889 (United Kingdom)
Strand Hanson Limited
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Ritchie Balmer / Rob Patrick
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(Financial PR)
Charles Goodwin / Annabelle Wills
About Pulsar Helium Inc.
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