Member Info for dai2belts

Open hole completion means that the reservoir is completely exposed during completion of a straight or horizontal well. There are two types of procedures for open hole completion.

1. After drilling to the top of the oil reservoir, the intermediate casing is run in and the well is cemented......
2......
https://www.sciencedirect.com/topics/engineering/open-hole-completion

@FlySeaLSE..
I miss so much out when there is so much info in an RNS, answering your question I have just read the answer to my question, which I asked the BB after reading the RNS, I blame my age..

Looks like its changed from the interview, todays RNS ...
Drilling will continue to the Base of the Lake Bed Formation, anticipated to be at 400 metres. At this point the Company will then commence wireline logging to gain additional information on the formation reservoir characteristics and identify any potential pay zones.

This answers my question, suggesting its open hole drilling to the base of the 1st target,
After logging the Lake Bed Formation, this section of the hole will be cased and drilling will continue to Basement

And with your timings, I guess wire-line analysis is happening at the moment :)

I think skittish should write the RNS's, I got a lot more out of that :)
Just been reading page 91, Atmospheric Helium concentration is 5.24 ppm..
So for a depth of 4-6 meters helium persisted at >10000ppm(1%), so more than 1900x atmospheric levels
Max reading was 22,084ppm (2.2%) more than 4200 atmospheric levels

Ta, your too chilled, works out about the same but will be up early in the morning just in case :)

@DeepblueDiver a question,,RNS mentioned open hole drilling, 24 hour 'PQ' size open hole drilling operations to commence from approximately 5pm local time on Saturday 19th JuneJust guess work here, took 1.5 hours to drill 15m, from 55m-70m..Unless they need to add/cement more casing could continue "open hole" drilling to the first target, so could be wire line testing any day now..??

I think she has a wicked look about her as she hits him with those questions...

Xerxes, I think this one is a better bet, excited at the moment after reading the RNS and listening to DM's talk on Tai seismic..Interpretation sounds spot on so far..thats if I understand it..

.

I think, and only think, as have only been educated by this BB, that RNS is indicating gas was detected around 70m but not above, suggesting gas pockets trapped in the shallow sediments, another +330m below is our first standout structure..

Edit,,
It shows a good interpretation of the subsurface so far, being correct on the not so obvious features, and not the stand out targets(as DM suggested), those we have not yet reached..

When the OTC volume passes 1 million will be a sign they are catching on...

What I am thinking about is what was said in the last investor meeting,
the comments about the seismic section for Tai and todays RNS.
It shows a good interpretation of the subsurface so far, being correct on the not so obvious features, and not the stand out targets(as DM suggested)..
To quote "i mean up into the lake beds and even into shallow sediments there's potential for good trapping structure for good reservoir sealed couplers to form"

Quote, edited
"you can CLEARLY see on the dip line(references a section) which is the one running south west northeast,
You can see this lovely horst structure great place for trapping gas
It's popped up from the surrounding areas
As you know gas rises as it flows so it's going to start accumulating there
And on the strike line(other section NW/SE) you're seeing this beautiful rollover, this is a lovely dome structure
perfect spots for accumulating gas
I've highlighted the stacked potential areas of interest here , at the base of lake beds and in the karoo
There could be gas all the way throughout this structure because we've got nice repeating reservoir seal structures especially throughout the karoo

We've got light areas in the red sandstones which could potentially be bentonite beds
I mean up into the lake beds and even into shallow sediments there's potential for good trapping structure for good reservoir sealed couplers to form"

Anyway best to listen as my edit of the transcript might be poor and misleading
https://www.youtube.com/watch?v=A4zVkhSXlNw&t=1980s

You can check here, but its very low volume in comparsison
https://www.otcmarkets.com/stock/HLOGF/quote

Phantom had beat me to it, 777 then, even on selling

So we all just need to start trading in blocks of 700 ;)

We might get an extra boost..
On the 4 wells the risked NAV 25p is based on $250/mcf, at DM's updated $375/mcf it should be about 40p, according to H&P's tables
Using that info the current 18p appears a bargain..
Unrisked for all 4 wells about £2.11 @375/mcf
On 3 wells I guess about £1.59
If all well samples are 8-10% we could have double the bcf used for the calculations...

page 2..
http://www.helium-one.com/wp-content/uploads/2021/05/21-05-24-Hannam-Note.pdf

And some networking at the Gas World Helium Super Summit 2021 Conference in December

There could 4 wells though, its an option at the moment

Now until early November, 3 exploration wells, 1 month allowed for each, then appraisals on each successful well, all funded.
Then Rukwa 3D siesimic survey October ish into January again all funded.
Also from November engineering/ feasibility studies into next year, I believe funded as feasibility studies are marked as funded..
There has also been ground surveying activities at Eyasi, another 804km^2 field with sub surface salt horizons :)

I think they are confident Rukwa will be successful since Plan B is to reevaluate Rukwa with gained knowledge, and I guess probably 3D and drill again rather than move to one of the other fields

All
below are limited collections where you can gather info outside of this BB. Starter for 10 for newbies.

Presentations: http://www.helium-one.com/presentations/
Reports: http://www.helium-one.com/admission-documents/
Analyst: http://www.helium-one.com/analyst-research/
Good reddit doc: https://www.reddit.com/r/HeliumOne/comments/ntqj7t/heliumone_a_gem_in_the_rough/
https://www.reddit.com/r/UKInvesting/comments/mgb66a/heliumone_poised_to_gain_from_growing_market_and/ (this one comes with very good links for references too!)

Youtubes:
https://www.youtube.com/watch?v=UT4HtaHStNQ (4 Dec 2017 – Solo Oil talks about HE1 on proactive investor)
https://www.youtube.com/watch?v=X1zJotUh2Oo (26th Feb 2020 – Mining Investment Cape Town)
https://www.youtube.com/watch?v=vMLkdgCXhjE (5th Nov 2020 – HE1 announces partnership with Attis O&G)
https://www.youtube.com/watch?v=mMhCqtdeBx0 (11th Nov – DM and Katie chats))
https://www.youtube.com/watch?v=5p1BcGPdnAs (19th Nov 2020 – oversubscribed IPO, good for funding for exploration)
https://www.youtube.com/watch?v=52gYx1Tg9F8 (7th Dec 2020 – strong day for first day of trading)
https://www.youtube.com/watch?v=lEfp3UCN20k (15th Dec 2020 by H&P)
https://www.youtube.com/watch?v=ZhGrrxAi5qE (21st Jan 2021 – World class discovery, Crux Investor)
https://www.youtube.com/watch?v=C8REKXFXJZM (22nd Jan 2021 – Eyasi and Rukwa, Proactive Investor)
https://www.youtube.com/watch?v=RMcDYpBOu58 (24 Feb 2021, Proactive interview, updates, Rukwa as first target)
https://www.youtube.com/watch?v=k1V08pvzCRM (8 Mar – more share talk from DM)
https://www.youtube.com/watch?v=Wgj2aiX4XXU (25 Mar 2021 – DM chats a bit more with Katie, on Mitchell Drilling)
https://www.youtube.com/watch?v=jqU0GhmCEhM (3 April 2021 – Seismic acquired and Drills turning in May – Rukwa as first target)
https://www.youtube.com/watch?v=lLsBm1TnM54 (16th April 2021 - £10mm raised @ 10p a share. Funding sorted for both exploration and appraisal)
https://www.youtube.com/watch?v=TpkAkrt4u1Q (18 April 2021 – share talk interview)
https://www.youtube.com/watch?v=4wuw2PbqMyo (4th May 2021 - infill acquired seismic evaluated, first target change from Rukwa to Tai, and drill date moved to fit with new target)
https://www.youtube.com/watch?v=A4zVkhSXlNw (6th May 2021) – investor Presentation

DM spends a lot of time in interviews. I suppose its life of an AIM CEO....

Link to seisprocessor posts (as per deepbluedivers previous post).

https://www.lse.co.uk/profiles/seisprocessor/
hopefully enough to sate any new investors thirst for knowledge on Helium One.

Crux Investor
Investing in Mining: The Basics - Mining Cycles, (includes share price movement)
https://www.youtube.com/watch?v=xDFAKWTVe8k

Added a share price, fundamentals, mining investing video

https://www.youtube.com/watch?v=xDFAKWTVe8k