Noble Helium Ltd. · ASX:NHE
Noble Helium — Investor Presentation (June 2024)
13 slides from Noble Helium's investor presentation, Jun 6, 2024
Slide 1: North Rukwa: A unique, prolific helium producing system
June WEBINAR ASX: NHE noblehelium.com.au North Rukwa: For personal use only A unique, prolific helium producing system. Shaun Scott Prof. Andrew Garnett 6 June 2024 Managing Director & CEO Chairman
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Noble Helium Limited (ACN 603 664 268) (Noble Helium or Company) and contains Competent Person’s Statement background information about Noble Helium’s current situation at the date of this presentation. The presentation is in su
Slide 3: Why helium?
Why helium? For personal use only 01 The high price of helium means a little makes a lot. 02 Helium is in growing demand for new and emerging technologies. Revenue from 1,000 Mscf/day The global helium market is expected to 2 grow from an estimated US$5 billion in * He Helium A$692,000 2023 to over
Slide 4: Why Tanzania?
Why Tanzania? For personal use only 01 Tanzania is safe, politically stable and very keen to develop its natural resources. 2-3Ga Tanzanian Craton 02 Interaction of Tanzanian Craton and East African Rift System (EARS) has created a globally unique environment for helium. ASX NHE 4 Green helium for a
Slide 5: Why North Rukwa / Nyasa Fairway?
Why North Rukwa / Nyasa Fairway? For personal use only 01 Probably the world’s most prolific helium province. 1 0.3% is average of all USGS He occurrences (N>16,000). 7.4% is Average helium percentage the average of Tanzanian Type-II (crustally derived, minor methane) Helium measurements 7.4% (x25)1
Slide 6: Why North Rukwa / Nyasa Fairway? Best licences in the world
Why North Rukwa / Nyasa Fairway? For personal use only 02 Best licences in the world’s most prolific helium province. • 100% NHE licenses >2,500km2 Prospecting Licences3 • Very rich U-He source in basement for >2 billion years (and possibly even more U in Karoo sediments2). • Primary receiving reser
Slide 7: Why North Rukwa / Nyasa Fairway? A portfolio of options
Why North Rukwa / Nyasa Fairway? For personal use only 03 A portfolio of options – more than one ‘roll of the dice’ 1 Prospects are geotechnically mature for a drilling target. Chilichil (East Rukwa) is • 2 x independent onshore areas and 2 x independent deemed lowest risk to date, Leads offshore (L
Slide 8: Illustrative fairway cross-section with stacked plays
Illustrative fairway cross-section with 4 x stacked plays (colours) For personal use only Mbelele shallow appraisal Increasing He% Decreasing risk Chilichili Prospect 2 x Play Areas in this 2 x Play Areas in this setting setting #1 West Rukwa (offshore) Increasing Karoo #2 East Rukwa (offshore) rese
Slide 9: Mbelele shallow appraisal: current data points
Mbelele shallow appraisal: current data points. For personal use only • Gas bubbling in mud returns from ~80m. • Gas bubbling ceased on mud weight increase. • Pressure change from mud weight increase indicative of ~20m gas column. • Helium significantly above background in mud gas ~75m to 125m. • Mo
Slide 10: Mbelele shallow appraisal: probable free gas cap
Mbelele shallow appraisal: probable free gas cap. For personal use only • Starting around 85m. • Structure approximately 9km by 3km. • Estimated 20m free gas column. • Very high permeability and excellent porosity ie very high flow potential. • Structure completely onshore of Lake Rukwa and easily a
Slide 11: Mbelele shallow appraisal: plan
Mbelele shallow appraisal: plan. WHAT ARE WE GOING TO DO: For personal use only • Drill an off-set well to Mbelele-1 to test the identified probable free gas zone • Drilling to approximately 125m • Using a specially designed well-head that will allow us to undertake all the required test work HOW AR
Slide 12: Mbelele Prospect: Commercialisation
Mbelele Prospect: Commercialisation. For personal use only Mbelele has the potential to Post successful well test: tick all the boxes required for Finalise design and commercial successful commercialisation: arrangements (~6 months): Field development plan. Helium concentration. Gas separati
Slide 13: Contact
Contact For personal use only T: +61 7 3369 6299 E: info@noblehelium.com.au Registered Office Noble Helium Limited Level 10, 127 Creek Street Brisbane QLD 4000 ASX NHE 13 Green helium for a hi-tech world noblehelium.com.au