Helium One Global, the primary helium explorer in Tanzania

[Proselenes]

https://www.londonstockexchange.com/new ... e/16186420

Well thats very good news so far.

2 targets drilled - both have solid Helium shows in the mud. Cannot ask for more than that.

Rig fixed and then drill the final 3rd target.

Looking good - 2 from 2 in terms of Helium in the target zones, so far. Hopefully it will be 3 from 3 ahead of wireline.

[Proselenes]

Helium One Global hoping to have Tai-3 work finished up "some time next week"

30 Oct 2023 #ProactiveInvestors #HE1 #invest

Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) CEO Lorna Blaisse speaks to Thomas Warner after the AIM-listed Tanzanian explorer released a fresh update on its operations at the Tai-3 well.

Blaisse gives an overview of the drilling work undertaken so far, highlighting the helium shows encountered. She says work has stopped temporarily at the site while a technical glitch is fixed and also acknowledges that the Basement reservoir target has "come in deep to prognosis", but says that neither events are unusual. She goes on to say that Basement remains the target and that the company will resume drilling "within the next few days."

Blaisse goes on to reveal next steps at the site, noting the importance of collecting wireline logs to back up the promising helium shows seen so far.

She concludes by saying that "if all goes to plan, I anticipate us being finished up at the Tai-3 well some time next week."

https://www.youtube.com/watch?v=zah7aQCKLho


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[Proselenes]

Noble have zones of interest and will do Mini-DST testing. Market in Oz seems to have not read the RNS and just saw P&A and panic sold - so NHE had to put out a clarification.

Big diference between Noble and Helium One is HE1 well is designed as a future producer and in the success case will be suspended to be used as a future producer.




2 November 2023

Mbelele-1 Update Clarification

Noble Helium Limited (ASX:NHE) (“Noble Helium” or “the Company”) provides the following clarification to today’s update on drilling on at Mbelele-1 at the
Company’s North Rukwa Helium Project in Tanzania.

The testing programme of the Mbelele-1 well is NOT completed. The wireline logs run by SLB have identified multiple zones of interest where stacked, interbedded sandstone-clay formations are co- incident with helium shows above background detected in the mudgas.

As noted in the earlier announcement we are running MDT and mini-DSTs tools to take down hole gas and fluid samples to confirm the makeup of the gas, including helium content and determine reservoir characteristics.

As noted in the earlier announcement MDT sampling and mini-DST runs are expected to take a number of days, after which we will advise the market of the makeup of the gas including helium content and reservoir characteristics.

Mbelele-1 was always planned to be a test well and was not designed to be used as a future production well.

[Proselenes]

Noble Helium interview today :

They are now doing downhole sampling. HE1 Tai location is deemed far better than Nobles Mbelele.

https://www.youtube.com/watch?v=fJ7FJvImheE

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[Proselenes]

Very good news from Noble today.

https://hotcopper.com.au/threads/ann-mb ... y.7682563/

Their targets were all lake Bed...which is also the upper target for Helium One. However Helium One have additional targets in the Karoo and the Basement.

Going to be an exciting week ahead on HE1.

[Proselenes]

Good news today.........onwards to wireline logging now.

New interview today with the CEO on the link below :

https://www.youtube.com/watch?v=oNQ5bzok0WM

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[Proselenes]

Latest interview

https://www.youtube.com/watch?app=desktop&v=geqB1YJaRto

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[Proselenes]

Here we have it then.......very good news.......well suspended now for future deppening into the basement. Strong Helium shows and samples taken.


https://www.londonstockexchange.com/new ... s/16215572

Helium One Global (AIM: HE1), the primary helium explorer in Tanzania, is pleased to announce that the Company has successfully completed wireline logging and downhole sampling at the Tai-3 well.



Highlights:

· Downhole fluid samples successfully recovered from reservoir intervals in the Upper and Lower Karoo Group confirm the presence of helium

· Complete wireline logs and initial petrophysical analyses demonstrate good quality reservoir sands in the Upper and Lower Karoo Group, interbedded with well developed shale prone seals; data recovered demonstrates a stratigraphic section, previously undrilled in the Rukwa Rift Basin

· Onsite pressure-volume-temperature analysis of downhole fluid samples have yielded helium concentrations up to 8,320 parts per million ("ppm") helium, which measure significantly above normal background levels of approximately 5ppm

· No Basement downhole samples were obtained as the wireline tools could not be run past 1,430m measured depth ("MD") due to washouts and ledges

· Tai-3 well has now been suspended for future operations that will involve drilling deeper into the Basement target, where an increase in helium shows were encountered whilst drilling

· Information and data obtained from the Tai-3 well results have provided a much greater understanding of the active working helium system in the region and a new well location on the Itumbula prospect has been identified as a result of these findings

· On completion of rigging down at Tai-3, the Company's drilling rig will be moved to the new Itumbula location where the iron rough neck and hydraulics will be repaired

· Upon completion of the repair and maintenance work, the Company plans to continue the drilling campaign


Lorna Blaisse, Chief Executive Officer, commented:

"These results are very encouraging indeed and we are delighted to have completed the Tai-3 well safely and to have been able to acquire a full set of wireline logs and downhole samples. This is an excellent result for the Company and a huge testament to the team's performance, especially given the challenges we have faced along the way.

Whilst disappointing that we were unable to run the wireline tools further into the Basement target at this time, given the increased helium shows we saw at this depth, we are confident that by casing the well and suspending Tai-3, we will be able to return at a later date and target the fractured Basement helium play which we believe to have significant potential.

We have continued to demonstrate that there is an established working helium system in the Rukwa Basin and the Tai-3 well has given us a fundamental set of geological learnings, which we now intend to apply to the Itumbula prospect.

Once Tai-3 has been rigged down we will move the rig to Itumbula where our primary focus will be on repairing the Predator 220 rig and, armed with valuable information and data gained from Tai 3, moving onto our second well of this drilling campaign on Itumbula."

[Proselenes]

Remember most helium comes from a by-product of oil and gas wells at 0.04-0.35% helium....very low.

We are getting shows at 0.8% without even getting samples from the sweet spot is a big achievement.

They were "hoping for" Helium in the 0.4% of higher levels for commerciality....here we see 0.8% and no even in the sweet spot in the basement. Very exciting times.

I think they have cracked it.......onwards we go to the next drill and possibly even better results, then back to this well to drill the basement.

[BullDog]

Oh dear. Mr Market isn't impressed this morning.

[Proselenes]

Good news.

https://t.co/eDju5uNqPU

Noble have found similar in the Basement at Mbelele-2, which confirms what HE-1 has found. Looking good for the Basement at Tai-3 when HE-1 return to deepen the well.

[BullDog]

The usual AIM pump and dump.

Good call there, BD.

[BullDog]

The usual AIM pump and dump.

Good call there, BD.

Hold on tight for the ride there, going below 1p by year end, possibly before.

[BullDog]

Good call there, BD.

Hold on tight for the ride there, going below 1p by year end, possibly before.

Didn't take so long. 65% down on the day and trading at 0.26p.

Classic AIM pump and dump. Merry Christmas.