Important - From Petrel RNS 19/09/202419 Sep 2024 09:03
Interesting read that Petrel RNS:
'Currently, the most advanced opportunities identified comprise adequate sources of Helium, which is increasingly critical to high-tech and aerospace industries. Though our petroleum contacts, we are aware of bypassed discoveries, in the Former Soviet Union (FSU) and elsewhere, that show large volume, high confidence reserves ideally suited to fulfil EU needs. Historically, most major Helium (and indeed natural Hydrogen) discoveries have been made - largely by accident - via oil & gas exploration. For reasons of prevailing economics and demand at the time, most of these discoveries have yet to be developed.'