News Oil & Gas

Helium One holds £10m at start of phase II

Helium One Global Ltd said it had completed its 2021 exploration drilling campaign and started Phase II exploration work at its 100% owned Rukwa project in Tanzania. INFORMATION Drilling has now been completed on Tai-2 without the company identifying helium gas. Helium One said it had gained valuable information on shallow trap and seal potential.  […]

News Oil & Gas

Helium One completes Tai-1A drill

Helium One Global Ltd has completed drilling the Tai-1A exploration well to a depth of 1,121m but poor hole conditions prevented logging below 882m at its 100% owned Rukwa project in Tanzania. KAROO FORMATION The company said that helium shows had been identified in all three target formations and encountered over five intervals in the […]

Finance News Oil & Gas

Helium One receives £70,499 via warrant exercise

Helium One Global Ltd has received £70,499.99 following notices to exercise warrants over a total of 2,482,394 ordinary shares (warrant shares). The warrant shares will rank pari passu with the existing ordinary shares. Following admission, the company’s issued share capital will consist of 612,426,256 ordinary shares with voting rights.  Helium One holds no ordinary shares […]

News Oil & Gas

Helium One cleared to start drilling at Rukwa

Helium One Global Ltd has received environmental approval for a planned exploration drilling programme at its wholly owned Rukwa project in Tanzania. The Environmental Impact Assessment (EIA) Certificate was signed on the 4 May giving the company all necessary permits to start drilling in early June 2021.  Chief executive David Minchin said that the award demonstrated […]