Business
Helium One Global Ltd - Jackson-4 Well Drilled to TD & Free Gas Confirmed
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. LONDON, ...
About this update from Helium One Global Limited
[{"type":"text","content":"The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019.","length":245,"tagName":"p"},{"type":"text","content":"LONDON, UNITED KINGDOM / ACCESS Newswire / March 24, 2025 / Helium One Global (AIM:HE1), the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA ("the Galactica Project"), provides an update following the Blue Star Helium (ASX:BNL)(OTC PINK:BSNLF) ("Blue Star") announcement issued today regarding the Galactica Project.","length":421,"tagName":"p"},{"type":"text","content":"Summary","length":7,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Jackson-4 well successfully drilled to total depth ("TD") of 1,260ft (384m) measured depth ("MD") with free gas confirmed by wireline logs","length":158,"tagName":"p"}]},{"val":[{"type":"text","content":"Well flowed naturally during drilling and at TD, demonstrating good reservoir communication","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"The well encountered 62ft (18.9m) gross pay of high-quality(22-26% porosity based on petrophysics from offset wells JXSN-1,-2,-3,-4 and Sate-16), gas-saturated sands in the Upper Lyons Sandstone Formation","length":204,"tagName":"p"}]},{"val":[{"type":"text","content":"Samples sent to laboratory for analyses of helium and CO2 concentrations","length":72,"tagName":"p"}]},{"val":[{"type":"text","content":"Well head being installed ahead of surface pressure readings and flow testing","length":77,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":602,"olType":false},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":519,"height":343,"url":"https://media.zenfs.com/en/accesswire.ca/4cae24e7d3c4a955da3852c782aef79d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZwC_oUU_wRseEq_hpFGM1Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYzNDtjZj13ZWJw/https://media.zenfs.com/en/accesswire.ca/4cae24e7d3c4a955da3852c782aef79d","width":519,"height":343}}},{"type":"text","content":"Air drilling the Lyons Sands...