Helium One Global Ltd has completed drilling the Tai-1A exploration well to a depth of 1,121m but poor hole conditions prevented logging below 882m at its 100% owned Rukwa project in Tanzania. KAROO FORMATION The company said that helium shows had been identified in all three target formations and encountered over five intervals in the […]
Tag: Helium One Global Ltd
Helium
Scirocco sells Helium One shares for £1.22m
Scirocco Energy plc has sold a further 5.3 million ordinary shares in Helium One Global Ltd for £1.22m. The company has also exercised its one million share options, with a strike price US$0.035. Scirocco now holds 5,256,088 ordinary shares, representing some 0.85% of Helium One’s current issued share capital. In total, Scirocco has realised around […]
Helium One confirms gas show as Tai-1 drill is delayed
Helium One Global Ltd confirmed a further helium gas show in drilling mud in the red sandstone group at its Rukwa project in Tanzania. The company also announced a delay to drilling the sidetrack from Tai-1 well after the drill string became lost at 561 metres. GAS SHOW Helium gas shows, identified in stratigraphy above the company’s primary […]
Helium One identifies gas show at Tai-1, Rukwa
Helium One Global Ltd has identified helium enriched gas in drilling mud (gas show) in the Lake Bed Formation during exploration drilling of Tai-1 well at Rukwa in Tanzania. The company said that helium shows were identified in shallow strata from 70.5 metres. Micro-gas chromatograph showed helium concentrations up to 22,084ppm (2.2%) He in gas recovered […]
Helium One starts exploration drilling at Rukwa
Helium One Global Ltd said it had started its exploration drill programme at its 100%-owned Rukwa project in Tanzania. Last Friday (12 June), the company began drilling at Tai which it recently categorised as a ‘must drill’ three-way dip closure following a recent 2D infill seismic. Helium One’s three-well exploration programme is targeting shallow trap […]
Helium One receives £70,499 via warrant exercise
Helium One Global Ltd has received £70,499.99 following notices to exercise warrants over a total of 2,482,394 ordinary shares (warrant shares). The warrant shares will rank pari passu with the existing ordinary shares. Following admission, the company’s issued share capital will consist of 612,426,256 ordinary shares with voting rights. Helium One holds no ordinary shares […]