Announcing the maiden helium resource assessment for Helium One’s Rukwa Basin Project in Tanzania

Rukwa

Independent experts, Netherland Sewell and Associates Incorporated (NSAI), have estimated an Unrisked Prospective Recoverable Helium Volume (P50) of 98.9 billion standard cubic feet. This resource occurs in 28 leads, defined by 2D seismic and is supported by data from two legacy exploration wells

Further, Oxford University’s Department of Earth Sciences have confirmed helium migration within the basin through their recent geochemical analysis of surface gas emanations.

Helium One has commenced an extensive work program to convert this resource into reserves and define additional prospects.

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