Helium One Global Limited · LSE:HE1
Helium One Global — Africa Energies Summit 2024
14 slides from Helium One Global's conference presentation, May 16, 2024
Slide 1: Helium: strategic resource for Africa in an expanding market
The primary helium company Helium: strategic resource for Africa in an expanding market Africa Energies Summit, London 14th - 16th May 2024 Lorna Blaisse – Chief Executive Officer Strategic resource in an expanding market LSE AIM: HE1 helium-one.com
Slide 2: Disclaimer Statement
Disclaimer Statement The sole purpose of this Introductory document (“Document”) is to provide information on Helium One Global Ltd and its subsidiary companies (“Helium One” or “the Company”). This document is strictly private and confidential and is intended solely for the information of the recip
Slide 3: Company Overview
Company Overview Helium One Global Capital Structure AIM: HE1 • Founded as the Primary Helium Explorer in Tanzania Sector Industrial minerals • 100% Operatorship of 2,840km2 of Prospecting Licenses Shares in issue 3.7 Bn • Acquisition of drilling rig in July 2023 to accelerate Market cap (April ‘24)
Slide 4: Why Helium?
Why Helium? Helium Uses and Demand Helium Pricing Trends • Lowest boiling point of gas (-269°C); • No market price for helium; contract (1-7 years) used as a coolant driven and trades in US$ at wholesale level • Highest thermal conductivity; essential • Major helium distributors/off-takers sell to e
Slide 5: Why Tanzania?
Why Tanzania? Geological Sweet Spot for Helium Prospecting Licenses across Unique helium project not three basins associated with hydrocarbons 2,840 km2 Primary Helium Itumbula West-1 exploration Helium 100x more valuable than well successfully drilled hydrocarbon gas Flowed 4.7% Helium to ~$500/Msc
Slide 6: Southern Rukwa Project: Geologically Unique
Southern Rukwa Project: Geologically Unique Global Helium Concentrations Total Helium Concentrations of Global Projects • Majority of global helium projects are commercial with much lower concentrations of helium (<1% helium) Emerging helium sector • The 4.7% helium flowed to surface from Itumbula W
Slide 7: Southern Rukwa Project: Drilling Campaigns
Southern Rukwa Project: Drilling Campaigns Bouger gravity image in southern Rukwa, illustrating current PLs and prospectivity Advancing Towards Appraisal • Tai-1/-1A well drilled in August 2021 with helium shows identified at multiple levels • Tai-3 well drilled in September 2023: encountered incr
Slide 8: Southern Rukwa Project: Tai-3 Well
Southern Rukwa Project: Tai-3 Well Establishing a Working Helium System • Tai-3 drilled to 1,448m MD total depth • Helium shows encountered whilst drilling; encountered in the Lake Bed Fm, Galula Fm, Lower Karoo and Top Basement helium measurements increased with depth Downhole helium sample rec
Slide 9: Southern Rukwa Project: Itumbula West-1 Well
Southern Rukwa Project: Itumbula West-1 Well Unlocking a New Fault-Fracture Helium Play • Well located 3km from Itumbula surface seep (up to 10.2% helium) • Well spud on 6th January 2024 • TD’d at 961m MD in Basement and flowed 4.7% helium and 2.2% hydrogen to surface • Drill stem tests across three
Slide 10: Q3 2024 Drilling Operations
Q3 2024 Drilling Operations Appraising the Fault-Fracture Play Operational Deliverability Timely execution of equipment mobilisation and long lead items into Tanzania ahead of Q3 Operations Extended Well Test Successful EWT at Itumbula West-1 in Q3 to evaluate commercial flow rates of helium prior t
Slide 11: Drilling Rig Ownership
Drilling Rig Ownership Overcoming Suitable Rig Availability in East Africa • In 2023, the Company acquired an Epiroc Predator 220 drilling rig • Significant savings made compared to contracting a rig • A compact, truck mounted rig, 950 HP rig that is quick to rig up/down • Three-component rig packag
Slide 12: Environmental, Social & Governance (ESG)
Environmental, Social & Governance (ESG) 2023/24 in the Rukwa Region CEO presenting photocopier to Mkonko school Local landowners and village leaders on Tai-3 well location Meeting with the Minister of Minerals in country Helium One Africa Energies Summit – May 2024 12
Slide 13: Delivering a Helium Industry in Tanzania
Delivering a Helium Industry in Tanzania The Primary Helium Explorer Focused on Rig ownership Three project areas in Successfully flowed Team fully focused Tanzanian Helium enables fast track to globally strategic 4.7% helium to on project discovery to appraisal in success primary Helium surface; gl
Slide 14: Contact us
The primary helium company Contact us Email: info@helium-one.com Telephone: +44 (0) 20 3978 5320 LSE AIM: HE1 helium-one.com