BRIEF-Blue Star Helium Agrees To Farm Out Interest In Its Galactica / Pegasus Project

Reuters08-28

Aug 28 (Reuters) - Blue Star Helium Ltd :

* AGREED TO FARM OUT INTEREST IN ITS GALACTICA / PEGASUS PROJECT IN COLORADO TO HELIUM ONE GLOBAL

* HELIUM ONE TO PAY US$1.5 MILLION TO BLUE STAR ON COMPLETION AND FUND DRILLING OF 6 DEVELOPMENT WELLS

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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