Member Info for Toffers

Should add, but there is more than one JV partner from recollection!

With eurasia, it was the JV partner who held the licences.

Surely not another doomster with a dissolved company?

Gregorio a) it is lose, not loose, and b) there are plenty of people already sitting on handsome profits, so not sure how you equate your news?! The answer is you don't, and you have no idea.

Noble posted on twitter in May 2023 the following;

"The success rate for wells drilled into Basin Margin Fault Closure plays that lie within the East Africa Rift system is 100%"

1.347p to buy at mo it seems

I'm sure they said in the last presentation that although interest has been shown, they want to keep the company fully owned by HE1. However, they are bound by the AIM regulations as per the handbook;

https://docs.londonstockexchange.com/

you can put it in to your browser, aim regulations handbook and it will come up under the london stock exchange in pdf format

Seems appropriate to follow that very telling news with this again;

Reminder;

"East Africa contains ancient granitic rocks and has in recent geological times been subject to rapid heating as part of the East African Rift. An ideal combination for the generation and release of helium. Oxford post-doc Pete Barry travelled to Rukwa in December 2015. Samples obtained were rushed back to the lab in Oxford.

The results were stunning, and the late spring 2016 version of the Goldschmidt Conference chosen as the release event. The sampled gases were basically mixes of nitrogen and helium with typical helium concentrations of 10%, some 30 times higher concentration than gases considered economically viable for helium extraction in the US and around 250 times richer in helium than Qatari gas! Moreover, the Rukwa gases were uncontaminated by greenhouse gases."

source: https://www.innovationnewsnetwork.com/unlocking-the-future-of-helium-exploration/

What happened to the rumour? I see they've splashed out 4 billion euros on investments -

"The portfolio of 12-month investment opportunities reached a record level of 4.0 billion euros at the end of June 2024. This reflects the dynamism of project development, particularly in the energy transition which represents more than 40% of the portfolio, and in the Electronics activity."

source: airliquide.com

Https://www.biznews.com/energy/2023/01/04/sa-helium-plant-trillions

I think they might be bought out as well if EWT is beyond expectations.

Does this help at all?

"Slotted Casing

Slotted casing pipe is a method of cutting multiple longitudinal or spiral straight-arranged and staggered slits of certain specifications on oil casing or tubing in various ways. It is made by using a special ultra-thin cutting sheet and beam cutting, with a slit width (0.2-0.5mm). The cross-sections of the seams are rectangular, trapezoidal (trapezoid angle is 3-8 degrees) and special shapes (round holes), etc., which can ensure the permeability of 0.5%-10%. The layout of the seams can be processed according to user requirements.

Product features of slotted casing:

1. Slotted casing is suitable for sand control in sand wells with a sand particle size greater than 0.3mm.

2. The edge of the slotted casing has good verticality, the cutting edge is smooth and burr-free, and the cutting seams are even.

3. The flow area is large, the 27/8" screen tube has 300 slits/1.5m, which is 2.4 times larger than the flow area of oil pipes of the same specification.

4. The overall performance stabilization treatment improves the corrosion resistance and performance of the slotted casing, which can extend its underground working life.

5. The slotted casing is made of J55 or N80 petroleum casing body, which has good strength and is not easy to deform.

6. The inner diameter of the slotted casing is large, making it easy to configure the pipe string."

source: baowi-steel

So are we all going to Tanzania for the celebrations?!!!

I'm vegetarian!

If peeps didn't top slice though it would help to take us up, as Ms would have to move the sp up. I'm holding, too close to EWT and more now. my views.

MCNol, can we make it lashings of gravy please? :)

For those that were in eurasia, this is taking the same course and trajectory, we all said the same time after time after rns's that were good yet the MMs held it back, then the production one came and it went bananas! EWT followed by details of the production plant will do the same here. Just bide your time and stock up if you have the inclination. my views.

I see there are two. Someone raised earlier is there any significance in that second one showing those pressure gauges to us? That photo looks as though it's staged for those pressure gauges to be visible to me. Any experts in the field?

:):)

"Helium One Global shares rose after announcing progress in its exploration efforts at the Itumbula West-1 (ITW-1) well in Tanzania. The company, a leader in Tanzanian helium exploration, said it is now ready to begin extended well testing across two key intervals.

Helium One Global’s next step is to commence tests focusing on two intervals: the fractured basement and the faulted Karoo group.

The ITW-1 well has been successfully re-entered and deepened by an additional 168 metres into the basement, reaching a new total depth of 1,129 metres measured depth. Investors will be pleased to hear the company encountered near-continuous helium and hydrogen shows during the deepening process.

Helium One Global shares were 10% higher at the time of writing.

The company’s immediate focus is now on preparing the wellbore for the installation of 7″ slotted casing and subsequent cementing operations. Following this, a completion string comprising tubing and packers will be run into the hole, enabling multiple testing of the two zones during the extended well test.

“We are pleased that we have been able to re-enter and deepen the ITW-1 well as planned. It has been very encouraging seeing the helium and hydrogen shows continuing whilst drilling this deeper section, and we look forward to evaluating these results further through the EWT,” said Lorna Blaisse, Chief Executive Officer.

“I’d like to extend my thanks to the wider team in a safe execution of this drilling phase, as well as the continued support from the Ministry of Minerals and Mining Commission in Tanzania.”"