Noble Helium Advances in Mbelele Helium Exploration Campaign

Noble Helium announced that well site preparation for its Mbelele-1 well is complete, and the Marriott rig #16 is enroute to the first well site from Dar es Salaam. The Company has been constructing two well pads at the Mbelele-1 and Mbelele-2 locations, with Mbelele-1 site ready for drilling. The maiden 2023 drilling campaign targets an unrisked mean helium prospective resource of 15.7 Bcf, with more potential in its North Rukwa portfolio. Marriott rig#16 and crews are in transit, and drilling is set to begin at the end of September.

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