Blue Star Helium (ASX:BNL) announced financial results for the quarter ended 30 September 2022.

Helium discovery at JXSN#4 (Galactica/Pegasus); concentrations approx 6% helium.

2C net unrisked contingent helium resource of 643 MMscf certified for Voyager field.

Eleven helium wells at Galactica/Pegasus at advanced stages of permitting.

Two helium wells at Voyager at advanced stages of permitting.

A total of 56 helium well permits in process.

Appointment of experienced oil and gas and finance executive Scott Fenoglio as Blue Star CFO.

Well-funded with quarter end cash balance of A$9.051 million and zero debt.

Following the announcement the company?s share price rose 16.129%.