Helium One Global Ltd said it had received notice to exercise warrants over a total of 84,745 ordinary shares each at 3.55 pence. Following admission, the company’s issued share capital will comprise 622,356,286 ordinary shares with none such shares held in treasury.
Tag: Helium One Global Ltd
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Helium One changes rig company
Helium One Global said that third-party legal complications, affecting time and availability, had prompted it to choose a new company for the drilling rig at its 100% owned Rukwa licence in Tanzania. EXHALO DRILLING RIG The company is on course to begin the Phase II drilling programme in Q1 2023. Helium One had previously chosen […]
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 in final stages of rig audit
Helium One Global plc is in the final stages of auditing activities for its planned Phase II drilling campaign at its Rukwa (100%) project in Tanzania. RIG AUDIT The company said sub-contractor ADC Energy had completed 80% of an independent audit of the proposed drilling rig in its yard in Kenya. Key components observed in […]
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 […]