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 […]
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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 […]
Helium One cleared to start drilling at Rukwa
Helium One Global Ltd has received environmental approval for a planned exploration drilling programme at its wholly owned Rukwa project in Tanzania. The Environmental Impact Assessment (EIA) Certificate was signed on the 4 May giving the company all necessary permits to start drilling in early June 2021. Chief executive David Minchin said that the award demonstrated […]
Helium One prepares to drill Tai prospect
Helium One Global Ltd said it had identified new priority drill-ready targets ahead of its drill campaign in June at the Rukwa project in Tanzania. The news comes as the miner completed its extended 200km infill 2D seismic campaign which began in February. Data acquisition commenced in mid-March and, following encouraging results, a further 50 line kilometres was […]