Helium One Global Ltd. (HLOGF)
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Helium One hails strategic potential of Tanzanian helium project following independent resource assessment
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) said its southern Rukwa project in Tanzania could become a “unique and strategic” helium development in Africa, following the completion of an independent assessment of the site's resources. James Smith, non-executive chairman of the AIM-listed explorer, said the independent Competent Person's Report (CPR) confirmed the company's long-held view of the project's potential.
Helium One shares soar as both key projects advance
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) shares soared some 20% higher in Wednesday's dealings as the closely followed AIM-quoted firm posted its second positive project update in two days. Today, it announced it has finalised negotiations with the Tanzanian Government for the award of a Mining Licence for its Southern Rukwa helium project.
Helium One finalises licence terms in Tanzania
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has finalised negotiations with the Tanzanian Government for the award of a Mining Licence for its Southern Rukwa helium project. A new joint venture company, Songwe Helium Ltd, will be established with 83% owned by Helium One and 17% by the Government.
Helium One completes successful well programme in Colorado
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) told investors it has completed its 2025 development drilling programme at its 50%-owned Galactica-Pegasus project in Colorado. All six wells delivered positive results, confirming production potential and near-term monetisation prospects.
Helium One confirms gas in latest Colorado well
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has confirmed free gas at the State-9 well, part of the Galactica project in Colorado. The well was drilled down to a total depth of 1,225 feet, and, according to wireline logs, encountered ‘free gas' and 60 feet of gas-saturated sands in the Upper Lyons Sandstone Formation.
Helium One starts drilling next well in Colorado
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has started drilling at the sixth well in the Galactica development campaign in Colorado. The State-9 SWSE 3054 well will be drilled into the Upper Lyons Formation gas reservoir.
Helium One delivers latest Jackson well results
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) announced the test results for the Jackson-2 well, at the Galactica project, which flowed naturally. The company said that since drilling the well has been tested with a flow rate of over 250,000 cubic feet per day, and it's projected to achieve stabilised rates between 300,000 and 400,000, with a maximum rate of 500,000 expected.
Helium One confirms gas in Jackson-2 well
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) told investors that it has confirmed free gas at the Jackson-2 well, at the Galactica project in Colorado. The well was drilled down to a total depth of 1,232ft, and flowed naturally during drilling and at total depth.
Helium One reveals Jackson 27 test result, spuds Jackson-2
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has reported natural gas flow test results from the Jackson-27 well, at the Galactica project in Colorado, with positive readings to date. Jackson-27 flowed naturally at over 320 thousand cubic feet per day (Mcfd), with stabilised rates anticipated between 350 Mcfd and 450 Mcfd, and a potential maximum rate of 550 Mcfd.
Helium One progress receives broker thumbs
Panmure Liberum has reaffirmed its 'buy' rating and 3.6p price target on Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF), highlighting strong momentum at the company's Galactica-Pegasus project in Colorado. The Jackson-27 development well has reached total depth of 360 metres, with logging confirming free gas in the Upper Lyons Sandstone.
Helium One confirms free gas at Jackson-27 in boost to Galactica project
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has reported successful drilling and confirmed free gas at its Jackson-27 development well in Colorado, the latest in a string of promising results from the Galactica-Pegasus helium project. The fourth well in the development drilling programme reached total depth at 1,183 feet and encountered 60 feet of gas-saturated sands within the Upper Lyons Sandstone Formation.
Helium One reports promising gas flow at Colorado helium project
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has reported strong initial gas flow rates and encouraging helium concentrations at its Jackson-29 well, part of the Galactica-Pegasus development project in Colorado. The company, which holds a 50% working interest, said on Tuesday that the well had flowed naturally during drilling and upon reaching total depth.
