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 […]
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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 […]
Helium One reviews rig options for Rukwa
Helium One Global plc is reviewing alternative rig options after the expected rig became unavailable for Phase II drilling operations at Rukwa, Tanzania. EXHALO RIG The company had expected the Exhalo rig to mobilise in early 2023 and continued negotiations until it was yesterday “unexpectedly notified” that the current operator had decided to retain the […]
Helium One to find exploration targets at Balangida
Helium One Global plc has completed analysis of data ahead of generating helium gas exploration targets over the Balangida Rift Basin in Tanzania. BALANGIDA The project is the company’s smallest and comprises one prospecting licence covering 260km2 in the north central part of the country. Balangida lies near established infrastructure and is 69km from the […]
Helium One issues 84,745 shares in warrant exercise
Helium One Global Ltd said it had received notice to exercise warrants over a total of 84,745 ordinary shares each at 3.55 pence. Following admission, the company’s issued share capital will comprise 622,356,286 ordinary shares with none such shares held in treasury.
Helium One changes rig company
Helium One Global said that third-party legal complications, affecting time and availability, had prompted it to choose a new company for the drilling rig at its 100% owned Rukwa licence in Tanzania. EXHALO DRILLING RIG The company is on course to begin the Phase II drilling programme in Q1 2023. Helium One had previously chosen […]