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Noble Helium Advancing Towards Drilling Program in Rukwa Basin

Noble updated its Tanzania exploration plans. The 3D seismic program has recommenced and is set to be completed by late February. The Company is in a farm-out process, with non-binding bids expected by end-Q1'23 and is currently evaluating four rig options ahead of drilling in Q3'23. Noble is confident that it will be able to announce high quality drilling targets with a 10.5bcf target called Chilichili highlighted.

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