Helium One Global Ltd raised £3 million via a placing to drill more wells in Colorado and pay a mining licence fee in Tanzania.
Tag: Blue Star Helium
Helium One JV agrees initial off-take for Galactica
Helium One Global Ltd joint venture has agreed an initial off-take agreement for output from the Pinon Canyon processing plant at the Galactica project in Las Animas County, Colorado, USA. RUKWA Partner and operator Blue Star Helium signed the three-month transaction with a “major US industrial gases purchaser” for the plant’s early production. Negotiations continue […]
Helium One JV produces first gas at Galactica
Helium One Global Ltd has begun producing helium gas from the Galactica joint venture project in Las Animas County in Colorado, USA. PROJECT LIFE Partner and operator Blue Star Helium commissioned the Pinon Canyon processing facility on 22 December, within the target date. Helium One said that off-take agreements were initially expected to be short-term […]
Helium One JV on track for first gas
Helium One Global Ltd said its joint venture with Blue Star Helium remained on schedule for first gas during December 2025 at the Galactica project in Las Animas County, Colorado, USA. PROCESSING Foundation and preparatory work are nearly complete with well site tie-ins, gas gathering system and facility site construction planning being finalised. Mobilisation for […]
Helium One completes Galactica six-well drilling
Helium One Global Ltd reported an increase in flow rates from the State-9 well as the six-well Galactica drilling programme completes in Las Animas County, Colorado, USA. PROCESSING Since total depth in the Upper Lyons Sandstone formation, the flow rate in State-9 has increased to more than 360 thousand cubic feet per day (Mcfd). Projected […]
Helium One notes free gas in State-9 at Galactica
Helium One Global Ltd has confirmed free gas from wirelogs after completing drilling the State-9 well at the Galactica farm-in project in Las Animas County, Colorado, USA. COLUMN Partner and operator Blue Star Helium drilled to a total depth of 1,225 ft (373m) with the well flowing naturally and showing good reservoir communication. Helium One […]