Noble Helium is preparing its maiden drilling campaign in Tanzania's North Rukwa Basin in Q3'23 with the Mbelele and Pegere wells. The drilling will test the potential for significant helium reserves in the basin, which is part of the East African Rift System. The company has secured funding and finalised a drilling rig contract. Success in these initial wells could open up the basin for further exploration. The company is also considering post-discovery options for monetisation.
Noble Helium Prepares for First Drilling Campaign in North Rukwa
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