Helium One Global reported a 61% increase in unrisked prospective resources from a new competent person’s report (CPR) for the Tai prospect at Rukwa, Tanzania. COMPETENT PERSON’S REPORT The increase follows more detailed interpretation of additional 2D seismic data acquired across Tai in 2021, and improved understanding of the structural closure. ERC Equipoise Ltd (ERCE) evaluated […]
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Helium One to share drill rig for Rukwa campaign
Helium One Global has signed a letter in intent (LoI) for an oil and gas drill rig for the drilling campaign planned to start during Q3 at Rukwa in Tanzania. COST SAVINGS The company, along with Australian firm Noble Helium also operating in the area, signed the agreement with Tunisian drilling contractor Sofori* for the […]
Helium One-Noble to secure rig for Rukwa
Helium One Global Ltd and Noble Helium have agreed to co-operate to secure a suitable drilling rig, associated services and arrange logistics for its proposed drilling campaign at Rukwa in Tanzania. DRILLING CAMPAIGN In January, the company had to review alternative rig options after the expected rig became unavailable for Phase II drilling operations. The […]
Helium One appoints Kai Gruschwitz as technical director
Helium One Global Ltd has appointed Kai Gruschwitz as technical director. The company said it had issued 3,000,000 ordinary share options to Mr Gruschwitz. These will vest in three equal tranches over the next three years and are exercisable at 6.25p per share, a premium of 16.8% to the closing share price on 22 February […]
Helium One appoints Lorna Blaisse as CEO
Helium One Global Ltd has appointed its principal geologist Lorna Blaisse as chief executive officer. She replaces David Minchin and, following completion of due diligence, will also be appointed as a director of the company. Ms Blaisse is an exploration geologist with more than 17 years’ experience in exploration and appraisal of oil and gas […]
Helium One CEO David Minchin steps down
Helium One Global Ltd’s chief executive officer David Minchin is stepping down from his post and the board with immediate effect to pursue other challenges. LEADERSHIP His replacement also with immediate effect is current principal geologist Lorna Blaisse. He will remain available to the company in the short term to ensure an orderly transition. “With […]