Investing News NetworkAUSTRALIA
Blue Star Helium Limited (ASX:BNL, OTCQB:BSNLF) (Blue Star or the Company) advises that it has acquired the feed compressor for its proposed Voyager development.
Highlights
- Key feed compressor infrastructure secured for Voyager helium development.
- IACX confirms helium recovery unit delivery is on schedule for Q4 2023.
Gathering System
The compressor was identified as a long lead item and the Company is pleased to have secured this unit. Our engineering consultants inspected the unit, which is currently being refurbished in our engineers’ yard. It was acquired for a non-material consideration resulting in significant savings on pricing and delivery of a new unit.
The compressor, as part of the Blue Star gathering system, is shown with a red star in the figure below and in the following image.
Helium Recovery Unit
The team has been working closely with IACX around site requirements and ancillary component acquisitions (including the feed compressor discussed above). IACX has confirmed that work on the helium recovery unit is progressing as planned and delivery to the site is on schedule for Q4 2023.
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