Helium One Global Ltd has appointed Nigel Friend to the board as a non-executive director with immediate effect. Mr Friend has more than 35 years’ experience in the oil and gas industry and corporate finance. Over his career he has developed extensive expertise in successfully growing companies through a clear focus on cash generation. As […]
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Helium One seismic identifies new areas of interest
Helium One Global Ltd said its phase II seismic data had identified multiple areas of interest with potential new closures at its Rukwa project in Tanzania. 2D SEISMIC The company added that the potential closures were at both the Lake Bed and Karoo Group levels. Previous 2D seismic did not cover the area surveyed meaning […]
Helium One awards management stock options
Helium One Global Ltd said it had awarded management stock options to new members of the management team. CAPITAL The company added it will issue 6,000,000 options to acquire ordinary shares at a strike price of 13p to new members of the management team. The options vest over a three-year period in three equal tranches. […]
Helium One confident over 2022 exploration
Helium One Global said it was in a strong position and well financed to deliver a further ambitious exploration programme at its 100% owned Rukwa project in Tanzania. FINANCES In its audited results for the year ended 30 June 2021, the company’s net assets were $28,536,258 compared with $7,783,836 at 30 June 2020. Helium One […]
Helium One study returns good results from Tai wells
Helium One Global said study results showed good to excellent quality reservoir with very low clay content from Tai at the company’s Rukwa (100%) helium project in Tanzania. STUDY The quantitative evaluation of minerals by scanning electron microscopy (QEMSCAN) study was on drill cuttings collected from the Tai-1/-1A wells. QEMSCAN analysis by rock type provided […]
Helium One starts ERT survey on identified targets
Helium One Global has started to investigate identified surface helium anomalies and to image priority areas at Rukwa in Tanzania. ERT SURVEY The company is also using an electrical resistivity tomography (ERT) survey for the operations. Specific priority areas were identified in Phases I and II 2D seismic and surface helium anomalies were identified in […]