Helium One Global non-executive chairman Ian Stalker will resign from his position to reduce the number of his non-executive roles. He will be replaced by current non-executive director James Smith, with immediate effect. During his tenure Mr Stalker oversaw Helium One list on AIM and the inaugural drilling programme at the Rukwa licence in Tanzania. […]
Tag: Tai prospect – Rukwa – Tanzania
Tai CPR shows 61% rise in unrisked prospective resource
Helium One Global reported a 61% increase in unrisked prospective resources from a new competent person’s report (CPR) for the Tai prospect at Rukwa, Tanzania. COMPETENT PERSON’S REPORT The increase follows more detailed interpretation of additional 2D seismic data acquired across Tai in 2021, and improved understanding of the structural closure. ERC Equipoise Ltd (ERCE) evaluated […]
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 completes rig audit for phase II
Helium One Global reported the completion of the engineering audit on the drilling rig for the Phase II programme ahead of spudding in early 2023 at Rukwa (100%) in Tanzania. AUDIT Aberdeen Drilling Consultants (ADC) signed off the Epiroc Predator 220 drilling rig as fit for purpose after a detailed examination including a successful high […]
Helium One reduces licence area
Helium One Global plc has reduced its licence area by 1,548 km2 ahead of its Phase II exploration drilling of the Tai prospect in early 2023 at the Rukwa project in Tanzania. FOOTPRINT Helium One conducted a review on a prospecting licence footprint in the Rukwa Rift Basin totalling 3,448 km2. Following the review, the […]
Helium One identifies priority drill target
Helium One Global said it had identified a priority drill target at the Tai prospect at its Rukwa (100%) project area in Tanzania. DRILLING The company added that the drill location was guided by Phase II seismic which had improved definition of the Tai structure and identified an untested closure in the Lake Beds. Well […]