Helium

News Oil & Gas

Helium One notes options exercise over 6m shares

Helium One Global Ltd received notice for the exercise of options over a total 6 million ordinary shares in the company.  The company also issued 56,638 ordinary shares to a service provider in lieu of cash payment. On admission, Helium One’s issued share capital will consist of 827,373,097 ordinary shares with voting rights.  The company holds no […]

Company Moves News Oil & Gas

Helium One appoints Graham Jacobs as financial-commercial director

Helium One Global Ltd has appointed Graham Jacobs as financial and commercial director with immediate effect and, subject to due diligence, will join the board of directors. Mr Jacobs is an experienced financial and commercial executive with more than 30 years’ experience in the natural resources sector.   He has been working with chief executive […]

Company Moves News Oil & Gas

Non-executive director changes at Helium One

Helium One Global Ltd reported a non-executive director (NED) resignation and appointment, effectively immediately. NED Robin Birchall has left to focus on other commitments while finance director Russel Swarts vacates his position but will remain a NED with the company. Chairman James Smith said: “I would like to thank Robin for his time and commitment […]

Company Moves News Oil & Gas

Helium One chairman Ian Stalker steps down

Helium One Global non-executive chairman Ian Stalker will resign from his position to reduce the number of his non-executive roles. He will be replaced by current non-executive director James Smith, with immediate effect. During his tenure Mr Stalker oversaw Helium One list on AIM and the inaugural drilling programme at the Rukwa licence in Tanzania. […]

Equipment & Logistics News Oil & Gas

Helium One acquires own rig to drill Tai-C

Helium One Global Ltd has overcome delays by securing and mobilising its own drilling rig, originally audited in July last year, to drill the Tai-C well at Rukwa in Tanzania. EPIROC PREDATOR 220 The move follows the company’s rectification notice last week to previous rig operator Sofori over delays and it has now cancelled dealings […]

Equipment & Logistics News Oil & Gas

Helium One issues notice to rig operator over delays

Helium One Global Ltd has taken legal advice and issued a rectification notice to its planned rig operator following continued delays to drilling operations at Rukwa in Tanzania. OPTIONS The company has had a series of issues over rigs since November 2022 when it had to change operator because of third-party legal complications. In January […]