News Oil & Gas

Helium One seismic identifies new areas of interest

Helium One Global Ltd said its phase II seismic data had identified multiple areas of interest with potential new closures at its Rukwa project in Tanzania. 2D SEISMIC The company added that the potential closures were at both the Lake Bed and Karoo Group levels. Previous 2D seismic did not cover the area surveyed meaning […]

News Oil & Gas

Helium One awards management stock options

Helium One Global Ltd said it had awarded management stock options to new members of the management team. CAPITAL The company added it will issue 6,000,000 options to acquire ordinary shares at a strike price of 13p to new members of the management team.  The options vest over a three-year period in three equal tranches. […]

News Oil & Gas

Helium One confident over 2022 exploration

Helium One Global said it was in a strong position and well financed to deliver a further ambitious exploration programme at its 100% owned Rukwa project in Tanzania. FINANCES In its audited results for the year ended 30 June 2021, the company’s net assets were $28,536,258 compared with $7,783,836 at 30 June 2020. Helium One […]

News Oil & Gas

Helium One identifies further surface anomalies

Helium One Global has identified multiple additional surface helium anomalies at its Rukwa, Eyasi and Balangida (100%) projects in Tanzania. TARGETS The company completed a multispectral satellite spectroscopy study (MSS) which provided heat-map data for helium at surface across the company’s entire 4,500km2 licence area. Helium One said that abundant anomalies indicated widespread helium charge and […]

News Oil & Gas

Helium One extends 2D seismic campaign at Rukwa

Helium One Global said that early encouraging results had prompted it to extend the 200 line km data acquisition at its 100% Rukwa project in Tanzania. PHASE II In mid-November, the company began Phase II 2D seismic campaign and has to date completed 188.5 line km or 94%. Helium One added it had now decided […]