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*Desnoes
Heineken are the parent owners of Dennoes…
TheKnob44 offers nothing on any BB - look at its history, not one positive comment in ANY post. Odd creature.
Good read on Noble’s wells and what they plan to do next on flow rates and declaring discoveries…
Mbelele wells update:
https://www.investi.com.au/api/announcements/nhe/d66ce27a-168.pdf
Free gas column encountered update:
https://www.investi.com.au/api/announcements/nhe/adc30bea-f91.pdf
Bob - found this image "Structural geometry and evolution of the Rukwa Rift Basin" which might be helpful understanding the geology.
https://onlinelibrary.wiley.com/cms/asset/8b3fe406-7b20-478f-8fa1-705a2349018e/bre12646-fig-0012-m.jpg
Helium One and Noble Helium and collaborating on some aspects of their exploration and probably more than in the public domain ...
https://www.sharecast.com/news/aim-bulletin/helium-one-enters-cooperation-deal-with-noble-helium--12450128.html
Lorna mentioned nitrogen in the last proactive interview - no idea how the assay has been evaluated ... as yet.
Taken from Noble Helium - Pearling in the North Rukwa Region ...
Seismic and wells along the EARS have identified numerous thick sedimentary sequences within the
EARS basins of Tanzania, which are overlying and abutting 2–3-billion-year-old crystalline basement
rocks. Refer to figure 10. These basement rocks are rich in radioactive elements which have generated
and stored vast amounts of helium through radioactive decay over 2 billion years.
Through the active rifting and heating of the globally unique EARS, this large inventory of stored helium
is being released from basement and into overlying sediments at high rate. Sealing rocks where present,
may provide the necessary trap to retain the helium in underground layers for commercial production,
just like conventional petroleum gas which has been discovered to the north in EARS basins of Uganda
and Kenya.
Where sealing rocks are either not present or too broken-up to retain gas, the helium produced deep in
the earth can leak through the overlying sediment to the surface. In Tanzania, this leakage to surface
has been measured in hot springs at up to 17.9%, which is significantly higher than the onshore USA
commercial cut-off of 0.3%.
Having helium generated by ancient rocks that can be accessed at reasonable depths, in concentrations
that have not been diminished by Helium leaking away, and from reservoirs with high-rate production
potential is rare. However, this is the setting in Tanzania’s rift basins and the high success rate of oil and
gas discoveries since 2006 suggests that the potential for success is real.
So theoretically depending on how much seepage occurs based on tectonic movements, pressure release below the mantle and possible release from drilling there could be a limitless supply but thats an unknown without understanding the underlying geology in detail (the Oxford Uni bods probably know more). What is understood is there is an existing 'inventory' of trapped gases that will last some years if exhausted and assuming its not replenished naturally.
I was thinking exactly the same about a 'limitless supply of gases' possibility ... mind blown!
Biggest turnaround believer was Openheimer - all of a sudden everyone was ‘reading the room right’.
Bob, this may or may not be of interest to you … bit too complicated for my little brain 🧠 🤣
https://www.sciencedirect.com/science/article/abs/pii/S000925412100485X
Interesting article on Renergen and its helium ambitions. Link is the Oxford academic that worked on the new method for finding helium plays - he prefers green helium and Tanzania is mentioned.
https://amp.cnn.com/cnn/2024/01/04/africa/renergen-helium-south-africa-spc-intl/index.html
Everyone should read that doc in the link ...
Worth reading the research paper here ... it is technical.
https://x.com/iMuesliBrown/status/1754597983063023784
I was one of those on the ARB run … 7 figure return on that one …
Really … hmmm … and just this morning … you said.
Openheimer
Posted in: HE1
Posts: 823
Price: 2.16
No Opinion
RE: Well I did say placing yesterday. Guess I was right. Wait for all the shares to splitToday 07:59
You will see it will drop durther than that. Buyers will wait until 1p
We blue !!!
And its only 1pm ...
Hope Lorna doesn't mind being referred to as a 'He' - maybe add some pronouns to her signature :)
https://dailynews.co.tz/major-breakthrough-in-helium/
Anyone with an L2 view?
Date Open High Low Close* Adj Close** Volume
Feb 07, 2024 1.8000 2.1000 1.6000 1.8000 1.8000 794,789,680
Feb 06, 2024 2.9500 3.2000 1.9500 2.1600 2.1600 794,380,358