Helium One Global Ltd said it had mobilised a drilling rig and equipment from Tanzania and Mozambique ahead of drilling in May at its Rukwa project in Tanzania. The company also announced that its ordinary shares have today started publicly cross-trading on the US OTCQB Venture Market. PREPARATIONS The rig and equipment has been moved […]
Tag: Rukwa – Tanzania
Helium One receives £44,311 via warrant exercise
Helium One Global Ltd received £44,311 following notices to exercise warrants over a total 1,560,230 ordinary shares. Following admission, the company’s issued share capital will consist of 601,322,295 ordinary shares, with voting rights. Helium One holds no ordinary shares in treasury.
Helium One quickens pace with £6.5 million cash
Helium One Global Ltd recorded a significant increase in cash for its Rukwa exploration and development project in Tanzania. In its unaudited interim results for the six months ended 31 December 2020, the company reported a net cash balance of $6,584,886 compared with $577,997 for the same period in 2019. An oversubscribed fundraise resulted in […]
Helium One appoints Mitchell Drilling for Rukwa
Helium One Global Ltd has appointed Mitchell Drilling Ltd as drilling contractor for the first three-well exploration programme at its 100% owned Rukwa project in Tanzania. FAST TRACK The Australian operator, with more than 50 years’ experience and 115 rigs globally, will mobilise a drill rig already within Tanzania before starting work in mid-May. The company has the option […]
Helium One gathers data for 2021 drill campaign
Helium One Global Ltd has started the acquisition of seismic data and the mobilisation of vibroseis trucks and geophones at its 100% owned Rukwa project in Tanzania. The company will focus on 50km of infill 2D seismic data targeting multiple trapping styles. Interpreted seismic data will define optimal well locations and reduce risk in drill […]