Pulsar Helium Signed Falcon Project Survey Contract

The company has contracted Xcalibur to perform an airborne survey over nearly 500,000 acres in Michigan.

Updated on Oct. 5, 2026 in Oil and Gas

Bold flat-color editorial illustration depicting a simplified sensor pod floating above an abstract pine forest, representing helium exploration efforts. — Pulsar Helium has signed a contract with Xcalibur to conduct an extensive airborne geophysical survey across 500,000 acres of mineral rights in Michigan. AI Illustration. Upload story photo >

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Pulsar Helium Inc. has finalized an agreement with Xcalibur MPH (Canada) Ltd. to conduct an extensive airborne gravity and magnetic survey at its Falcon Project in Michigan. The initiative aims to identify and rank prospective helium exploration targets across the company's vast mineral rights holdings.

Why it matters

The survey is a critical step in evaluating the resource potential of the Falcon Project, which covers approximately 488,090 acres of mineral rights. By gathering high-resolution geological data, the company seeks to pinpoint specific areas for future helium exploration.

The survey will encompass 14,727 line kilometres using 500-metre-spaced survey lines and 5,000-metre-spaced tie lines. Aircraft are scheduled to fly at a nominal terrain clearance of 165 metres.

The players

Pulsar Helium Inc.

This exploration company focuses on the discovery and development of primary helium projects in North America.

Xcalibur MPH (Canada) Ltd.

This firm specializes in airborne geophysical surveys and data acquisition for the natural resources sector.

U.S. Geological Survey

This federal agency provides scientific data and mapping services regarding the geography and natural resources of the United States.

The details

The project intends to map geological structures beneath the surface to determine the presence of helium deposits. This effort builds upon regional magnetic and radiometric data previously released by the U.S. Geological Survey.

September 24, 2026: The USGS published regional airborne magnetic and radiometric data.
Mid-Q4 2026: The airborne survey is expected to commence.

Market Landscape

This survey effort positions the company within a broader trend of increased exploration for critical energy gases across the North American midcontinent. It follows the recent publication of federal geological data, which is helping companies streamline the search for new mineral resources.

For residents in the project area, this signifies an increase in low-altitude aerial surveying activity expected to begin in the coming months. The project serves as an early-stage exploration phase that does not involve immediate commercial drilling or retail pricing changes.

The takeaway

Advancements in geophysical surveying are enabling companies to evaluate larger tracts of land more efficiently than ever before. Stakeholders should monitor future project updates for insights into the geological viability of the region for commercial helium production.