Helium One Encounters Helium at its Tai-3 Well

Helium One encountered helium shows whilst drilling in the Lake Bed Formation and the Karoo Group at the Tai-3 well. Drilling is being deepened to 1,550m, from a current depth of 1,445m. However, once again the company's rig faced a mechanical and an electrical fault which resulted in a temporary rig shut down. Once the drilling recommences, the Basement target should be reached quickly and this will be followed by a comprehensive wireline programme to fully evaluate the helium shows encountered whilst drilling.

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