top of page

Noble Helium Selects Preferred Bidder for North Rukwa Farmout

Noble Helium selected a preferred bidder and entered into a non-binding Heads of Agreement to set out the key terms of the farm-in to its North Rukwa project. The agreement includes being fully carried through the two exploration wells that will comprise the maiden North Rukwa drilling program, as well as reimbursement of pro-rata exploration back costs to fund the Company’s ongoing operations. The Company is now progressing with the preferred bidder to conclude the farm-in. The high level of interest shown is positive for the Rukwa helium play and provides a positive read-across to HeliumOne.

Want to read more?

Subscribe to www.akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

German utility company Uniper, nationalised by the German government last year, is being urged to be privatised again "as soon as possible," according to CFO Jutta Doenges. Uniper's business model of

bottom of page