Helium One Global Ltd’s joint venture has spud the Jackson-31 well at the Galactica helium development project in Las Animas County, Colorado, USA. LYONS Operator and partner Blue Star Helium is currently preparing to drill intermediate hole section “The shallow conductor section has been set, and the BOPs [blowout preventers] are now being installed and tested […]
Tag: Helium One Global Ltd
Helium
Helium One JV mobilises rig to Jackson-31
Helium One Global Ltd’s partner has mobilised the rig to the Jackson-31 well site at the Galactica-Pegasus joint venture project in Las Animas County, Colorado, USA. DEVELOPMENT Operator Blue Star Helium is in the process of rigging up ahead of the start of drilling. The full development programme for Galactica involves 15 wells with the initial […]
Wintry weather delays Helium One at Galactica
Helium One Global Ltd said that wintry weather had delayed rig mobilisation until February at the Galactica helium project in Las Animas County, Colorado, USA. FIRST GAS Joint venture partner Blue Star Helium is laying gravel on the roads to the Jackson-31 and Jackson-4 wells for access during the cold, snow and thaw. Mobilisation is […]
Poor weather delays Galactica-Pegasus drilling
Helium One Global Ltd’s partner has deferred drilling at the Galactica-Pegasus helium project because of saturated ground caused by poor weather. COSTS The company holds a 50-50 joint venture with operator Blue Star Helium in the Las Animas County project, Colorado. Ground conditions and snow melt prevented construction of well sites and access roads, but the […]
Helium One issues 15.7m shares for Itumbula test
Helium One Global Ltd has issued 15,716,133 ordinary shares in the company in lieu of cash payment for services provided on the Rukwa licence, Tanzania. The shares issue covers services during the extended well test on Itumbula West-1 earlier this year and was agreed with the provider company before the operation. Following admission, Helium One’s issued […]
Helium One losses rise in ‘transformational’ year
Helium One Global Ltd’s losses more than quadrupled from a busy year at its operations in southern Rukwa, Tanzania and its new joint venture in Colorado, USA. BUSY Results for year ended 30 June 2024 showed a total comprehensive loss of US$11,012,204 compared with $2,672,915 for the year to 30 June 2023. The company said […]