Business
Commencement of Phase 2 Seismic Campaign
Commencement of Phase 2 Seismic Campaign.
About this update from Helium One Global Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 8196Q\n Helium One Global Ltd\n 01 November 2021\n \n \n \n \n \n \n \n \n \n \n 01 November 2021\n \n \n \n \n \n Helium One Global Ltd\n \n \n (\"Helium One\" or \"the Company\")\n \n \n Commencement of Phase 2 Seismic Campaign \n \n \n \n \n \n Helium One Global (AIM: HE1), the primary helium explorer, is pleased to announce the commencement of the Company's 2D seismic campaign as part of its Phase 2 exploration programme with mobilisation of survey and line clearing crews to its Rukwa Project (100%) in Tanzania.\n Highlights:\n \n · \n Commencement of 200 line kilometre 2D seismic campaign targeting northern extensions of known structural highs that act as a focus for helium charge\n \n \n · \n Mobilisation of survey and line clearing crews commenced\n \n \n · \n Planned acquisition of data across 'Deep' targets with the aim of maturing additional drillable prospects for the planned 2022 conventional drilling campaign\n \n \n · \n Continued good co-operation between government departments, local communities and Helium One Management has allowed critical seismic work at Rukwa to be fast tracked by the Company\n \n \n · \n Strengthened management team with appointment of experienced international operators as COO and CFO\n \n \n · \n Start of exciting Phase 2 exploration work on Helium One's de-risked Rukwa Basin\n \n \n \n \n \n \n David Minchin, Chief Executive Officer, commented:\n \n \n \n \n \n \n \"We are delighted to commence the 2D seismic campaign as part of the Phase 2 exploration at Rukwa with the mobilisation of 2D seismic over the northern extensions of the Tai and Itumbula structural trends. Undertaking this campaign within the Rukwa Basin is not without challenge as we moved to get permitting, people and equipment in place ahead of the wet season. We are pleased to have AGS return as our providers as we recommence our ground exploration activities.\n \n \n \"Sector confidence in Helium One's projects is demonstrated by our ability to attract top international talent into our team. Our new COO and CFO have nearly 55 years' combined experience in various international operational management roles across Africa and Asia. The appointment of Colin and Chris bring significant experience to our in-country operational team, their ...