Helium One Commences Drilling at Itumbula West-1 Well in Tanzania

Helium One commenced Phase III operations at the Itumbula West-1 well in Tanzania. The well, which previously showed promising results with 4.7% helium and 2.2% hydrogen during a drill stem test in Feb'24, will undergo extended well testing to evaluate the fractured Basement and faulted Karoo sections. The company aims to integrate these results into a feasibility study. The entire process, including deepening the well and testing, is expected to take about five weeks.

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