Member Info for 5085

As predicted by leading industrialists, the use of helium going forward, own to it's green/clean energy potential will only increase.

Step forward the Chinese as major players in power innovation

https://www.independent.co.uk/climate-change/news/china-nuclear-reactor-meltdown-proof-b2584399.html

Slacker, I mean Bobrad, you been on the sauce young man?

How's things fared on OBD today, I normally look to have a giggle, haven't today. Keep plugging away here, we need the odd troll.

This one will be hard for the deramping idiots to grasp because it will require a degree of intelligence, you know the 2 + 2 stuff.

When the SP was higher, much higher than it is today, the MC was in the same range but what about the factor none of you fools take into account. The price of helium has skyrocketed over the past 3 years. $500 per MCF and this will only rise. On Sunday Europe stops buying Russian helium, then what?

I know you deramping fools can’t fight fact but that’s not our fault.

Fantastic results here and the drilling part could drop as early as Monday and people will be paying well north of 20p.

The global demand for Helium may soon come to an end following the successful progress by Helium One at its southern Rukwa project.

Speaking in an interview last week, Lorna Blaisse, Helium One’s Chief Executive Officer said “the Rukwa project is thought to have an Unrisked Prospective Recoverable Helium Resource at around 138 billion cubic feet (Bcf), making it potentially one of the largest known primary helium deposit in the world.”

The company holds 2,840km2 of prospecting licenses in three basins; Rukwa, Balangida and Eyasi projects of which its first phase of exploration began in 2021 and, most recently, the Company successfully flowed 4.7 percent helium concentration to surface from its Itumbula West-1 well.

“The high global demand for helium is highly attributed to by various factors including large industry growth sectors i.e. electronics and AI, as well as geopolitical tensions in country’s that are large helium producers. Therefore, these new developments in Tanzania signals a promise to the future of helium.” said Ms Blaisse.

https://ippmedia.com/the-guardian/business/read/tanzanias-helium-discoveries-to-end-global-demand-2024-07-03-174041

Come on Bobrad I mean Slacker, forget your prolific losses elsewhere and join the party ho, ho, ho

Bobrad, I mean Slacker how’s OBD doing?

Lololololololololloll

When you have helium/nitrogen escaping to the surface, some of it visible in water, from up to 10km’s below the earth’s surface. Then one thing is certain, what’s down there will change the helium market for the next 100 years, exactly as David predicted.

Https://phys.org/news/2016-06-huge-helium-discovery-life-saving.html

A supporter and follower of Helium One

https://www.linkedin.com/in/kheri-mahimbali-b85b03265/

Https://www.akapenergy.com/post/extremely-strong-helium-pricing-is-encouraging-global-exploration

I don’t think it works as a set amount, more contractual with differing grades for different purposes

https://www.whitecase.com/insight-alert/14th-eu-sanctions-package-targets-russian-lng-and-political-donations-expands-import

The Council of the European Union (EU) has announced that its 14th sanctions package against Russia includes a ban on imports of Russian helium into the EU, as widely expected.

The import ban will go into effect on September 26, 2024.

https://www.gasworld.com/story/latest-eu-sanctions-package-bans-russian-helium-imports/2140551.article/

Shell first discovered the North Field in Qatar in 1971. Their working interest today stands at 9.3%.

Shell has a strong presence in Tanzania https://www.shell.co.tz/

With the potential of a massive discovery of natural helium and hydrogen on the cards you can be sure of one thing, they will be taking a keen interest.

Prolific discoveries over vast areas take a long time to be proven up.

Qatar was a relatively late entrant to the gas in¬dustry, but is now a leading producer. In recent years, the country has positioned itself to take ad¬vantage of rising global gas demand and its huge natural gas reserves.

The country’s proved reserves account for nearly 14% of the world total, according to Cedigaz. Its es¬timated 25.46 trillion cubic metres (cm) of gas are the third largest in the world, behind Russia and Iran. Qatar’s reserves – mostly to be found in the offshore North Field, the world’s largest non-associated gas¬field – exceed the entire reserves of the Americas, western Eu¬rope and sub-Saharan Africa combined, while its reserves-to-production ratio is estimated at greater than 100 years.

Qatar compares favourably with its two closest competi¬tors, providing a secure investment climate for investors: its gas sector is not groaning under international sanctions, as is Iran’s; nor has Qatar incurred opprobrium for its actions in in¬ternational markets, as has Russia.

Driven by a strong pro-market philosophy, Qatar leads the world in LNG production and is involved in every sector of gas trade: LNG, gas-to-liquids (GTL) and pipeline supply. The Inter¬national Energy Agency predicts Qatar could secure one-fifth of world gas trade by 2030 (see Figure 1).

From Shell’s discovery of the North Field, in 1971, it took 26 years for Qatar to launch its first LNG plant in early 1997 – the 7.7m tonnes a year (t/y) three-train Qatargas facility. It took only 12 years to expand production to 53.6m t/y (see Table 1).

While buffeted by the global economic downturn, Qatar has remained focused on its ambitious LNG plans to raise capacity to 77m t/y by 2012 – over three times greater the next largest exporter, Malaysia.

#owned

This is the type of nonsense this tool posts. I know you just couldn't make it up hahahahahah

5085 - More rubbish! HE1 didn't have an independent lab on site, they had a MS analysis machine for initial results - HE1 are not an accredited laboratory facility, so samples have to go away for verification - the RNS was an indication, just like NHE's was - They are not an accredited lab either....Ya plum

CraigsNews is an attention seeking doughnut.

A few months ago he was banging on about test results had not been sent away for independent verification, (all visible in his post history). When I pulled him up he ran off and hid like a coward. That’s CraigsNews. Now the @ss wipe is telling everyone he has a line into drilling activity, what an absolute tool.

You can see why the excitement levels are so high

5.7 TCF within 10km of the earth's surface with deep channeling cracks (rifts) acting as a runway for natural helium and hydrogen. These occurrences can change the fortunes of countries and regions, as seen in the Middle East.

Helium One Global Ltd has announced that has made significant progress at its Rukwa project in Tanzania, telling investors it is on track to begin its extended well test (EWT) of Itumbula West-1 (ITW-1) later this month.

The company-owned rig is already on-site and ready for third-party services to begin rigging up ahead of the spud.

Additionally, the helium exploration group has acquired well control equipment to complement the drilling rig.

“An experienced drill crew has been appointed for the EWT operations, and personnel mobilisation is underway. Essential long lead items required for the July spud are arriving at the site,” the company said in a statement on Monday this week.

“In preparation for the operations, the remobilisation of camp personnel and medical support is in progress.”

In the update, Helium One said it has inked a contract with the global technology company SLB, formerly known as Schlumberger, for the provision of cementing, drilling and completion fluids services, and surface well test equipment and services. GeoLog International BV has been contracted for mudlogging services.

Laboratory results of helium samples from ITW-1, a fault-fracture helium play, have been consistent with measurements made by the onsite field PVT laboratory, indicating positive outcomes for the project.

The second phase of fieldwork for the environmental and social impact assessment (ESIA) study, required for the feasibility study, is ready to commence.

Both the feasibility study and subsurface modelling are underway and will be integrated with the EWT results in preparation for the mining licence application.

"The team has remained focused over the past few months to meet the timelines, including the ordering and delivery of long lead items, integrated subsurface modelling and engineering in order to form the basis of a feasibility study which will be required to apply for a Mining Licence to enable us to move into project development once the EWT is complete," said CEO Lorna Blaisse.

"We're very grateful to the Ministry of Minerals and the Mining Commission in Tanzania as well as the local communities in which we operate, for their ongoing support shown towards the company and the advancement of the southern Rukwa helium project."

Study has estimated 5.7 Trillion cubic feet (Tcf) of helium to have been generated beneath the Rukwa basin in Tanzania, just within the upper 10km of basement.

Rukwa is a large-scale, high-grade, primary helium project covering an area of approximately 3,590 km2 in southwestern Tanzania in the Rukwa Rift Basin, comprising the Western Branch of the East African Rift System.

The presence of helium in Tanzania’s hot springs was first detected by geologist TC James in 1956 with concentration levels of 13 to 18 percent helium recorded in the gas analysis.

https://ippmedia.co.tz/the-guardian/business/read/helium-developer-to-extend-well-test-in-tanzania-2024-07-02-184926