Helium one global news

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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,

Its Rukwa, Balangida, and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. Most read Finance Aviva to be on its toes despite return to Lloyd's 22 hours, 11 minutes ago.

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.

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. Additionally, the project revealed a surprising 2. This hydrogen discovery, significantly above background levels, fits the geological model and adds another layer of commercial potential, especially considering the global demand for hydrogen as a clean energy source. Copyright c TheNewswire - All rights reserved. Add to a list Add to a list. To use this feature you must be a member.

Helium one global news

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.

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Leo joins us with a degree in Media Production from Bournemouth University. Strictly Necessary and Functional. You can contact us here. 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. Spectral AI technology to revolutionise triage and treatment 07 Mar. 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, guarantee the accuracy or completeness of this communication. Insight Gold looks good for , but only because politics, economic ETFs Funds Trusts. Mining Glencore bets big on coal, and why not? The team also has access to and use technologies to assist and enhance workflows. Helium One Global Ltd reported earnings results for the half year ended December 31,

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.

The Company-owned Epiroc Predator drilling rig is currently hot stacked at the Itumbula West-1 wellsite. 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. Opinions of and commentary by the authors reflect their current views, but not necessarily of the Company, its affiliates or any other third party. We could not find any results for: Make sure your spelling is correct or try broadening your search. Energy Helium One Global secures key part as company looks to spud This website uses cookies so that we can provide you with the best user experience possible. Insight Gold at new highs as US debt payments rise above defence spending We use this information to make our site faster, more relevant and improve the navigation for all users. Abm March 7, Insight Gold looks good for , but only because politics, economic 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. For the half year, the company reported sales was USD 0. Then please subscribe www.