Helium One Reports 2.8BCF (+61%) Prospective Resources for Tai
- May 21, 2023
- 4 min read
Updated: May 29, 2023
A new competent person's report (CPR) revealed 2.8 bcf of gross unrisked prospective helium for Helium One's Tai Prospect in Tanzania, a 61% increase from the last CPR. This significant increase is attributed to enhanced interpretation of seismic data and improved understanding of the structural closure. Tai remains the best-defined prospect within the Company's portfolio. The geological chance of success ranges from 10-14% over the different horizons. The largest target is the Karoo sandstone.