Noble Helium along with Helium One, have signed an exclusive Letter of Intent with Sofori to obtain a Drillmec HH102 oil and gas rig to drill Noble's recently announced Mbelele-1 and Pegere-1 prospects plus Helium One's Tai prospect in Tanzania in Q3 2023. With an unrisked mean recoverable helium volume of 16.5 billion cubic feet, Noble Helium is confident in the success of its drilling program and has also received multiple expressions of interest to participate in the North Rukwa Project and fund the drilling program.
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