Noble Helium Secures New Rig for North Rukwa After Delays With Old Supplier

Noble Helium secured an alternative rig, ahead of drilling at its North Rukwa project in Tanzania. The company locked in the new rig from the UK’s Marriot Drilling Group, ahead of its planned first campaign in Q2'23. As such, the company has withdrawn from a non-binding letter of intent signed with Sofori for the hire of its drill rig, citing ongoing delays. The new rig will mobilise to Tanzania in July, and is expected to be on-site and ready to spud in September.

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