Company Moves News Oil & Gas

Helium One appoints Graham Jacobs as board director

Helium One Global Ltd has appointed financial and commercial director Graham Jacobs as a board director with immediate effect.  Mr Jacobs is an experienced financial and commercial executive with more than 30 years’ experience in the natural resources sector.  He has gained extensive expertise in the oil and gas industry having held senior positions at […]

News Oil & Gas

Helium One to issue total 33.75m share options

Helium One Global Ltd has resolved to issue a total 33,750,000 options to directors and management to subscribe for ordinary shares. DIRECTORS The options are subject to shareholder approval granting the directors authority to issue shares for cash. The options will vest in three equal tranches over three years beginning 12 months from the date […]

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 […]

News Oil & Gas

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 […]

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 […]