Helium One Global Ltd has started drilling its second exploration well, Tai-2, at its 100% owned Rukwa project in Tanzania.
TARGETS
The exploration well targets prospective Lake Bed stratigraphy, which was identified but not fully evaluated as part of the drilling of Tai-1.
Tai-2 is located 20m from Tai-1 and utilises the same drill pad, saving time and money in relocation compared with mobilising from one site to another.
The new well will test one of several targets highlighted for additional exploration following positive results from Tai-1.
Tai-1 has de-risked the Rukwa Basin by proving a working helium system and supports ongoing exploration with helium shows identified at multiple stratigraphic intervals, said the company.
PREMIER
Helium One added that there were 3,500km2 of untested licences in the Rukwa area.
Chief executive David Minchin said that the Rukwa Basin must be now considered the world’s premier basin for helium exploration.
“We are excited to continue with our 2021 exploration campaign with drilling at Tai-2.”
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