Helium One Global Ltd has appointed Nishant Dighe as a non-executive director, subject to due diligence. Mr Dighe has a background in engineering and business with more than thirty years’ experience across a broad range of organisations. He has held roles at ExxonMobil, strategic consultancy with Marakon Associates, and as chief operating officer and interim […]
Tag: Galactica-Pegasus – Colorado
Helium One introduces incentive shares
Helium One Global Ltd has established an employee benefit trust as an incentive plan for its current and future management. TVRs The company will issue and allot 296,138,418 ordinary shares to the trust at nil par value, equal to approximately 5% of its issued share capital at the date of grant. The trust will hold […]
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 […]
Helium One JV spuds State-9 at Galactica
Helium One Global Ltd’s joint venture has spudded the State-9 SWSE 3054 development well at the Galactica helium project in Las Animas County, Colorado, USA. LYONS SANDSTONE Operator Blue Star Helium is currently preparing to drill the intermediate hole section in what will be the sixth well of the 2025 campaign. As with previous wells […]
Helium One notes rise in Jackson-2 flow rates
Helium One Global Ltd said that flow rates had increased to more than 250 thousand cubic feet per day in the Jackson-2 well at the Galactica project in Las Animas County, Colorado, USA. SAMPLES Joint venture partner Blue Star Helium drilling the well to total depth of 1,232 feet within the Upper Lyons Sandstone formation, […]