Helium one global news

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping us understand which sections helium one global news the website you find most interesting and useful. See our Cookie Policy for more information.

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping us understand which sections of the website you find most interesting and useful. See our Cookie Policy for more information. These cookies are used to deliver our website and content. Strictly necessary cookies relate to our hosting environment, and functional cookies are used to facilitate social logins, social sharing and rich-media content embeds.

Helium one global news

Helium One Global described significant milestones in its half-year report on Thursday, including the acquisition of the Epiroc Predator drilling rig, which it said had been successfully mobilised to the Rukwa site. The AIM-traded firm said the start of the second drilling campaign in the third quarter proceeded as scheduled. Notably, the drilling of the Tai-3 well was completed, reaching a total depth of 1, metres measured depth, providing valuable data for understanding the region and identifying the follow-on Itumbula prospect. Since the half-year ended, the company had drilled the Itumbula West-1 well, achieving a total depth of metres measured depth at a revised well location. Subsequently, significant discoveries were made, with the well flowing a high concentration of helium at 4. Those concentrations were thousands of times above background levels, indicating promising potential for commercial extraction. Moreover, hot basement fluids exceeding 80 degrees Celsius were encountered across the fault zone, consistent with helium and hydrogen prone intervals. Despite the complexity of operations, the company maintained a strong safety record, with operating days completed since the spud of the Tai-3 well, boasting zero lost time injuries. Smith said Tai remained an interesting prospect which had been logged and sampled, while the Tai-3 well had been cased and suspended. Josh White Sharecast News. Mining 8,

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be reliable, however, we cannot, and do not, helium one global news, guarantee the accuracy or completeness of this communication. Follow us on:. The Company is currently advancing its subsurface modelling and updating its internal resource estimates in order to determine the best path towards the commercialisation of Itumbula.

We could not find any results for: Make sure your spelling is correct or try broadening your search. It looks like you aren't logged in. Click the button below to log in and view your recent history. Already a member? Sign in. More Brokers. The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation EU No.

GBX 1. Key events shows relevant news articles on days with large price movements. Eurasia Mining plc. EUA 2. Superdry PLC. SDRY 0. Canadian Overseas Petroleum Limited. COPL 0. QBT 2. Vast Resources PLC.

Helium one global news

Helium One Global Ltd chief executive Lorna Blaisse joined Proactive's Stephen Gunnion with news of a groundbreaking discovery at the Itumbula West-1 well in the Rukwa Rift Basin in Tanzania, where testing confirmed significant helium concentrations up to 4. This discovery led to a near doubling of the company's share price, underlining the market's strong response to what is potentially one of the largest sources of primary helium globally. Unlike many projects that produce helium as a byproduct of hydrocarbon extraction, Helium One's project is unique for its pure helium, nitrogen, and now hydrogen mix, without any methane or carbon dioxide, making it exceptionally promising for industrial and technological applications. The CEO highlighted the strategic adjustments made in drilling locations to target fault zones rich in helium, a move that has paid off by tapping into high-quality reserves.

Monkey side eye

Income Statement Evolution. Save Settings Accept all. Sign in. The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation EU No. Deep dive Feature Opinion Research. Other stock markets am EST. These flow rates in a pure helium play, without the presence of hydrocarbons and carbon dioxide, indicate the uniqueness of this helium project. These cookies are used to deliver our website and content. Energy Helium One Global secures key part as company looks to spud Advertise Here. Moreover, hot basement fluids exceeding 80 degrees Celsius were encountered across the fault zone, consistent with helium and hydrogen prone intervals. Allow cookies Change settings. Strictly necessary cookies relate to our hosting environment, and functional cookies are used to facilitate social logins, social sharing and rich-media content embeds. Josh White Sharecast News. View all events.

Encouragingly, Blaisse said the absence of other hydrocarbons position it uniquely in the global helium market.

These options include the deepening of Tai-3 to test the Basement play or the drilling of an appraisal well at Itumbula. Save Settings Accept all. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. The Company explores, develops, and produces low-carbon helium, a critical material. Leo joins us with a degree in Media Production from Bournemouth University. It looks like you aren't logged in. The AIM-traded firm said the start of the second drilling campaign in the third quarter proceeded as scheduled. These audience insights are used to make our website more relevant. Informa resurgence tipped to continue 07 Mar. Abm March 7, Its Eyasi project covers an area of approximately km2. Save Settings Accept all. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.