Member Info for cperkin

Aim market climbing, Aim 100 up over 3%

Https://x.com/proactive_UK/status/1851525459160285362

Highlights

· Commencement of drilling at the Darwin #1 well, to test the stacked reservoir targets in the Souris, Red River and Dry Creek intervals.

· Historic drilling has tested helium flow to surface at up to 1.3% He and P50 Gross Contingent Resources of 484,193Mcf across the Souris and Red River intervals.

· Additional P50 Gross Unrisked Prospective Resources of 112,445Mcf in the untested Dry Creek interval.

· Drilling expected to take 2-3 weeks to complete, followed by wireline logging and extended flow tests.

· The Company remains fully funded for the drilling and testing of Darwin #1 at Rudyard, being run in parallel with extended well testing at Clink #1 at Ingomar Dome.

Needs a perm ban that one Crusty...vile!

The dialogue is part of its ongoing efforts to make the country a preferred destination for foreign direct investment (FDI) in Africa.

https://x.com/TanzaniaInvest/status/1851167332615221436

https://www.tanzaniainvest.com/economy/tic-foreign-investors-dialogue-forum-october-2024

The dialogue is part of its ongoing efforts to make the country a preferred destination for foreign direct investment (FDI) in Africa.

https://x.com/TanzaniaInvest/status/1851167332615221436

https://www.tanzaniainvest.com/economy/tic-foreign-investors-dialogue-forum-october-2024

We can only guess on the results right now but thus far this BOD are delivering very nicely (could have said delivering very well)

:)

Thanks, a huge event for the company, diversification and more drilling or worst case over $7 mill sat in the bank, so upside either way at this point imo.

Meanwhile we await the mining licence in Tanz.

Thoughts anyone on extension deal closure or deal dead but with over $7 mill in the bank?

Short closure? :)

Helix Exploration, the helium exploration and development company focused on helium deposits within the 'Montana Helium Fairway', is pleased to announce the completion of construction work on access road and drill pad ("Civils") at the Rudyard project ("Rudyard") area in Montana.

Highlights

· Construction completed access road and drill pad at Rudyard

· Mobilisation commenced utilising Treasure State Drilling Cardwell KB-150 D1D drilling rig

· Drilling of Darwin #1 well expected to commence this week

· Appraisal well testing Contingent Resources of 484,193Mcf (0.48Bcf) Helium with gross in-situ value of >$250 million at a price of $550/Mcf

https://www.londonstockexchange.com/news-article/HEX/completion-of-mobilisation-at-rudyard/16734158

The Acquisition is conditional on a number of conditions being satisfied or waived (if capable of waiver) on or before 31 October 2024

They are....

Probably written after the Clinking of a few glasses bud?

"If the tests are positive, we can then start planning for production. It’s important that we do this safely and professionally, of course. We need to be sure of the gas flow rates and pressures before we make any definitive plans, but early signs are encouraging."

"As we were drilling, we were getting excellent gas kicks with 11-pound mud—definitely a good sign."

https://www.proactiveinvestors.co.uk/companies/news/1059181/helix-updates-on-clink-1-well-at-ingomar-dome-project-icymi-1059181.html

Options

1.0 Deal closes and we see a Q4 drill

2.0 long stop extension

3.0 Deal called off and HE1 sits on over $7 million cash

Meanwhile we also await ML

GLA

Nice Bo quote

https://www.youtube.com/watch?v=w5T3gMkR8lU

Production casing has been run to 8,130ft and cemented. The Company will run cased-hole wireline prior to perforating target zones for testing, with samples of any gas recovered sent to an external laboratory for gas composition analysis.

The Company will test multiple formations from the bottom of the hole upwards. If initial results of a perforation are positive the Company will report gas composition to the market and perform an extended well test on the interval before moving on to the next horizon.

David Minchin, Chairman of Helix Exploration, said:

"With Clink #1 cased and target reservoirs safely behind pipe, we are delighted to be moving on to the testing phase of the operation. The initial findings in the Amsden, Charles, and Flathead formations look very encouraging, and I am optimistic about the potential that these formations hold. We look forward to updating the market with first gas to surface."

"I would like to thank and congratulate our CEO Bo Sears and the team for a fantastic effort in successfully completing our maiden well at Clink #1."

Ignore the noise.

Extension

Close

No Close but over $7 million in the Kitty

Meanwhile the licence application pages are being turned..

Highlights

· Successful control of Mowry formation to 2,622ft (800m) by setting 7- inch intermediate casing through entire interval.

· Successful re-entry and deepening of wellbore to 8,550 ft (2606m).

· Company will now complete the well with production casing and commence testing.

· If multiple formations are deemed suitable for testing, each zone will be tested independently from the bottom-up to allow for isolated tests over each interval.

Bo Sears, CEO of Helix Exploration, said:

"The successful re-entry and subsequent deepening of Clink #1 is a significant milestone for the Company. I am delighted with the re-entry efforts and the exceptional work of our engineering team, as we see promising results in each of the target formations."