Helium One Global Ltd reported consistent elevated helium shows, over twenty times above background, while drilling the Itumbula West-1 well on the Rukwa licence in Tanzania.
EVALUATION
Drilling in the Lake Beds Formation, Red Sandstone Group, Karoo Group and Basement targets yesterday, reached a total depth of 961m measured depth.
Helium shows increased in frequency and concentration across the encountered fault zones.
The well also encountered elevated hydrogen shows “over two thousand times above background” in the Lake Beds Formation and sufficiently elevated in the Karoo Group and Basement.
The company will run wireline operations for formation evaluation and full petrophysical evaluation of wireline logs before drill stem testing (DST) across the faulted zone and additional zones of interest.
Chief executive Lorna Blaisse added: “The initial results from the Itumbula West-1 well are very positive.
“We have encountered elevated helium shows, as the team had anticipated pre-drill, all the way to Basement.
“The wireline logs are the crucial next step in identifying which intervals we will test and sample for further evaluation.
“By running an image log this time around in conjunction with a full logging suite, and having the well test equipment on site, we are able to fully evaluate the helium, and hydrogen potential in this well and establish whether we have a viable helium and/or hydrogen play.”