Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Do they use the term ‘discovery’ or commercial. I’m not sure as the discovery for the entire area happened in 2016. I’m unsure myself …
https://www.livescience.com/60607-helium-reserve-discovered-in-tanzania-photos.html
Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02770186-6A1193029
Direct link.
Noble discussion board on hotcopper … if anyone wants a look.
https://hotcopper.com.au/asx/nhe/discussion/
This is worth a read - Lorna mentions nitrogen in the latest interview …
We show how these principles, adapted for helium, can be applied using the Rukwa Basin in the Tanzanian section of the East African Rift as a case study. A thermal hiatus caused by rifting of the continental basement has resulted in a surface expression of deep crustal gas release in the form of high-nitrogen gas seeps containing up to 10% 4He.
https://www.lyellcollection.org/doi/full/10.1144/petgeo2021-029
Even the UK Geological Society like the HE1 news :)
https://twitter.com/iMuesliBrown/status/1754469481861001591
Give it some love 🥰
https://x.com/heliumone1/status/1754399994130386998
Got it - found it here, different HE isotopes can dissolve in sea water.
https://www2.whoi.edu/site/igffacility/seawater-helium-isotopes-and-noble-gases/
Ok - so the Hannam Partners doc shows the activity in the diagram in pg 2 … helium is seeping into and being trapped with the underlying rock formation.
https://www.helium-one.com/wp-content/uploads/2023/02/21-08-11-Hannam.pdf
As far as I can tell Helium does not react with or dissolve in water so I’m not clear how it becomes ‘trapped’ in the liquid … maybe someone else can explain.
This is a good read, some technical bits so don't fall asleep ...
https://www.lyellcollection.org/doi/10.1144/petgeo2021-029
Halfway down ...
The Tanzanian section of the East African Rift System (EARS) is an exemplar region where all of the characteristics for development of a helium resource are met. In this sense, Tanzania represents a unique opportunity to develop a ‘play fairway’ approach for helium exploration. A play fairway is defined as the area occupied by a suitable reservoir rock for helium with an associated overlying seal horizon with access to migrated helium from its mature source rock. Within the area occupied by the play fairway one would expect to find prospects, configurations of seal and reservoir rock that could trap helium and other buoyant gases.
We show that sections of the Tanzanian East African Rift contain most, if not all, of the prerequisites for an economic helium province. Noble gas data from gas seeps in the west and east branches of the Tanzanian section of the East African Rift System contain 4He concentrations of up to 10.5%. This, combined with the potential 4He generated by the Tanzanian Craton and surrounding mobile belts of c. 7.0 × 105 BCF (2 × 1013 m3 4He (STP)), implies that even with inefficient release, migration and trapping, these regions could provide high-helium concentration reservoirs.
From 2016 …
https://www.ox.ac.uk/news/2016-06-28-huge-helium-discovery-life-saving-find
Now, a research group from Oxford and Durham universities, working with Norway-headquartered helium exploration company Helium One, has developed a brand new exploration approach. The first use of this method has resulted in the discovery of a world-class helium gas field in Tanzania.
Https://www.ox.ac.uk/news/2023-03-02-new-study-could-help-pinpoint-hidden-helium-gas-fields-and-avert-global-supply
Research led by the University of Oxford could help overturn the current supply crisis of helium, a vital societal resource. The study proposes a new model to account for the existence of previously unexplained helium-rich reservoirs. The findings, published today in Nature, could help locate untapped reservoirs of accessible helium.
Https://www.linkedin.com/posts/oxford-earth-sciences_primary-n2he-gas-field-formation-in-intracratonic-activity-7037052910580457473-zIFo
Post referencing the article in Nature magazine liked by Noble and Helium One employees amongst others …
Now on Yahoo Finance ... PR News syndication ...
https://finance.yahoo.com/news/copl-action-group-shareholders-canadian-084200203.html
So some Twitter handles for anyone who wants to tweet the news release:
The Times
@TheTimes
@HoskingTheTimes - Patrick Hoskins, Financial Editor
This is Money
@ThisIsMoney
@_simonlambert - Simon Lambert, Editor
CityAM
@CityAM
@silvesterldn - Andy Silvester, Editor
The Telegraph
@TeleBusiness
@cg_williams - Chris Williams, Business Editor
The Guardian
@Guardian
@jmcollingridge, John Collingridge, Business Editor
Financial Times
@FT
@FD, Dan McCrum, FT Investigations
https://www.prnewswire.co.uk/news-releases/copl-action-group-shareholders-in-canadian-overseas-petroleum-limited-require-answers-as-company-loses-98-of-value-302043695.html?tc=eml_cleartime
PR News Wire syndication begins …
https://themalaysianreserve.com/2024/01/25/copl-action-group-shareholders-in-canadian-overseas-petroleum-limited-require-answers-as-company-loses-98-of-value/#
All the relevant publications can be tagged on Twitter plus relevant reporters at each as a start ..
Essar Oil (UK) is wholly owned by Essar Group. Essar Oil is indeed owned by a Rosneft and other and is now known as Nayara Energy - a private company. Essar Oil was purchased in 2017 from Essar Energy Holdings.
https://www.petrolplaza.com/news/7219
Spot Bitcoin ETFs Explained: Everything You Need to Know
https://www.investopedia.com/spot-bitcoin-etfs-8358373
LONDON, Jan. 4, 2024 /CNW/ - Atlas Capital Markets LLC ("Atlas") announces that, further to the press release issued by Canadian Overseas Petroleum Limited (the "Company") on 4 January 2024, Atlas was issued 305,598,679 common shares of the Company (the "Share Issuance") pursuant to a share settlement option exercised by Atlas relating to convertible bonds previously issued by the Company to Atlas.
Immediately prior to the Share Issuance, Atlas did not own or control any shares of the Company. Immediately following the Share Issuance, Atlas owned 305,598,679 common shares of the Company, representing approximately 22.7% of the issued and outstanding common shares of the Company.
On 4 January 2024, Atlas sold 45,000,000 common shares of the Company (the "Sale"), representing approximately 3.3% of the issued and outstanding shares of the Company, to persons outside of Canada at a price of GBP 0.0013852 (C$0.002339) per common share, for aggregate proceeds of GBP 62,334 (C$105,294).
Immediately following the Sale, Atlas currently owns 260,598,679 common shares of the Company, representing approximately 19.4% of the issued and outstanding shares of the Company.
Atlas entered into the Share Issuance and Sale for investment management purposes. Atlas intends to continue to review its ownership of shares of the Company on a continuing basis and may determine to buy or sell additional securities of the Company.