Helium One Global Ltd Announces Jackson-2 Flow Test Results & Gas Analysis Update
Helium One Global (HLOGF) reported flow test results from the Jackson-2 well at its Galactica-Pegasus helium development project in Colorado, where it holds a 50% working interest. The well, drilled to 1,232 feet, has shown increasing natural flow rates reaching 250 Mcfd, with projected stabilized flow rates between 300-400 Mcfd and a maximum potential of 500 Mcfd. Initial laboratory analysis revealed helium concentration up to 1.22% and 77.77% CO2.
The well encountered the Lyons Sandstone Formation at 1,159 feet, showing high-quality, gas-saturated characteristics with no water presence. Strong pressure build-up post-testing indicates high permeability and good reservoir communication. The Galactica project, discovered by Blue Star Helium in 2022, is part of a larger development offering multiple potential product streams.
Helium One Global (HLOGF) ha riportato i risultati del test di flusso dal pozzo Jackson-2 nel suo progetto di sviluppo dell'elio Galactica-Pegasus in Colorado, dove detiene una quota del 50%. Il pozzo, trivellato fino a 1.232 piedi, ha mostrato tassi di flusso naturale in aumento fino a 250 Mcfd, con tassi di flusso stabilizzati previsti tra 300-400 Mcfd e un potenziale massimo di 500 Mcfd. L'analisi iniziale di laboratorio ha rilevato una concentrazione di elio fino all'1,22% e il 77,77% di CO2.
Il pozzo ha intercettato la formazione di arenaria Lyons a 1.159 piedi, mostrando caratteristiche di alta qualità, saturate di gas e senza presenza di acqua. Un forte aumento di pressione dopo i test indica un'alta permeabilità e buona comunicazione del giacimento. Il progetto Galactica, scoperto da Blue Star Helium nel 2022, fa parte di uno sviluppo più ampio che offre molteplici potenziali flussi di prodotto.
Helium One Global (HLOGF) informó los resultados de la prueba de flujo del pozo Jackson-2 en su proyecto de desarrollo de helio Galactica-Pegasus en Colorado, donde posee una participación del 50%. El pozo, perforado hasta 1,232 pies, ha mostrado tasas de flujo natural crecientes que alcanzan 250 Mcfd, con tasas de flujo estabilizadas proyectadas entre 300-400 Mcfd y un potencial máximo de 500 Mcfd. El análisis inicial de laboratorio reveló una concentración de helio de hasta 1.22% y 77.77% de CO2.
El pozo encontró la formación de arenisca Lyons a 1,159 pies, mostrando características de alta calidad, saturadas de gas y sin presencia de agua. Un fuerte aumento de presión después de la prueba indica alta permeabilidad y buena comunicación del reservorio. El proyecto Galactica, descubierto por Blue Star Helium en 2022, forma parte de un desarrollo más amplio que ofrece múltiples posibles flujos de productos.
Helium One Global(HLOGF)는 콜로라도에 위치한 Galactica-Pegasus 헬륨 개발 프로젝트에서 50% 지분을 보유한 Jackson-2 유정의 유동 시험 결과를 보고했습니다. 해당 유정은 1,232피트까지 시추되었으며, 자연 유동률이 250 Mcfd까지 증가했으며, 안정화된 유동률은 300-400 Mcfd, 최대 잠재 유동률은 500 Mcfd로 예상됩니다. 초기 실험실 분석에서는 헬륨 농도가 최대 1.22%이고 CO2는 77.77%로 나타났습니다.
유정은 1,159피트 깊이에서 Lyons 사암층을 만났으며, 고품질의 가스 포화 특성을 보였고 물은 존재하지 않았습니다. 시험 후 강한 압력 상승은 높은 투과성과 우수한 저류층 연계성을 나타냅니다. 2022년 Blue Star Helium이 발견한 Galactica 프로젝트는 다수의 잠재적 제품 흐름을 제공하는 더 큰 개발의 일부분입니다.
Helium One Global (HLOGF) a rapporté les résultats du test de débit du puits Jackson-2 dans son projet de développement de l'hélium Galactica-Pegasus au Colorado, où il détient une participation de 50%. Le puits, foré jusqu'à 1 232 pieds, a montré des débits naturels croissants atteignant 250 Mcfd, avec des débits stabilisés projetés entre 300 et 400 Mcfd et un potentiel maximal de 500 Mcfd. L'analyse initiale en laboratoire a révélé une concentration en hélium allant jusqu'à 1,22% et 77,77% de CO2.
Le puits a rencontré la formation de grès Lyons à 1 159 pieds, présentant des caractéristiques de haute qualité, saturées en gaz et sans présence d'eau. Une forte augmentation de pression après les tests indique une haute perméabilité et une bonne communication du réservoir. Le projet Galactica, découvert par Blue Star Helium en 2022, fait partie d'un développement plus vaste offrant plusieurs flux de produits potentiels.
Helium One Global (HLOGF) berichtete über die Ergebnisse des Durchfluss-Tests der Jackson-2-Bohrung in seinem Helium-Entwicklungsprojekt Galactica-Pegasus in Colorado, an dem es eine 50%ige Beteiligung hält. Der bis 1.232 Fuß gebohrte Brunnen zeigte steigende natürliche Durchflussraten von bis zu 250 Mcfd, mit prognostizierten stabilisierten Durchflussraten zwischen 300-400 Mcfd und einem maximalen Potenzial von 500 Mcfd. Erste Laboranalysen ergaben eine Heliumkonzentration von bis zu 1,22% und 77,77% CO2.
Der Brunnen durchteufte die Lyons-Sandstein-Formation bei 1.159 Fuß, die hochwertige, gasgesättigte Eigenschaften ohne Wasser aufwies. Ein starker Druckanstieg nach dem Test deutet auf eine hohe Durchlässigkeit und gute Reservoirkommunikation hin. Das Galactica-Projekt, das 2022 von Blue Star Helium entdeckt wurde, ist Teil einer größeren Entwicklung mit mehreren potenziellen Produktströmen.
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LONDON, GB / ACCESS Newswire / May 15, 2025 / Helium One Global (AIM:HE1), the primary helium explorer in Tanzania with a
Highlights
Jackson-2 flowed naturally during drilling and at Total Depth ("TD")
Flow rate since TD has increased to over 250 thousand cubic feet per day ("Mcfd")
Projected Stabilised Flow Rates are 300 Mcfd to 400 Mcfd constrained to optimise production, with a maximum potential rate of 500 Mcfd
Early samples return helium concentration of up to
1.22% (air-corrected) and77.77% CO2
Details
The Jackson-2 well reached TD at 1,232 feet (376m) within the Upper Lyons Formation, encountering the Lyons Sandstone Formation at 1,159 feet (353m). As expected, no water was encountered during drilling of the Lyons Formation with wireline logs confirming the penetrated Lyons Sandstone Formation to be high-quality and gas saturated.
Flow testing since TD has revealed increasing natural flow rates, reaching approximately 250 Mcfd to-date. Strong pressure build-up post-testing indicates high permeability and good reservoir communication. Based on the previous engineering study described below, and the observed flow rates, the projected stabilised flow rates constrained for production optimisation are expected to be between 300 Mcfd to 400 Mcfd, with a maximum of 500 Mcfd.
Initial laboratory analysis of gas samples from Jackson-2 showed a helium concentration up to
Galactica/Pegasus Development
The Galactica project forms part of the broader Galactica/Pegasus development, discovered by Blue Star in 2022. This large-scale project offers multiple potential product streams. Blue Star is advancing the Galactica project in joint venture with Helium One Global Ltd.
Blue Star previously released results of an independent engineering analysis of wells in the Galactica-Pegasus project and this analysis established maximum stabilised rates and drawdown for development planning and economic modelling.
The analysis integrated results from the State-16 well with test data from the JXSN-1, JXSN-2, JXSN-3, and JXSN-4 discovery wells and compared it to public information from the adjacent Red Rocks development.
For further information please visit the Company's website: www.helium-one.com
Contact
Helium One Global Ltd Lorna Blaisse, CEO Graham Jacobs, Finance and Commercial Director | +44 20 7920 3150 |
Panmure LiberumLimited (Nominated Adviser and Joint Broker) Scott Mathieson Nikhil Varghese | +44 20 3100 2000 |
Zeus Capital Limited (Joint Broker) Simon Johnson Louisa Waddell | +44 20 3829 5000 |
Tavistock(Financial PR) Nick Elwes Tara Vivian-Neal | +44 20 7920 3150 |
Notes to Editors
Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences across two distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market.
The Rukwa and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. These assets lie near surface seeps with helium concentrations ranging up to
The Company's flagship southern Rukwa Project is located within the southern Rukwa Rift Basin in south-west Tanzania. This project is considered to be entering an appraisal stage following the success of the 2023/24 exploration drilling campaign, which proved a helium discovery at Itumbula West-1 and, following an extended well test, successfully flowed
Following the success of the extended well test, the Company flowed significant quantities of helium to surface and filed a Mining Licence ("ML") application with the Tanzania Mining Commission in September 2024. The 480km2 ML has now been offered to the Company and was officially accepted in March 2025.
The Company also owns a
Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1 and on the OTCQB in the United States with the ticker HLOGF.
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SOURCE: Helium One Global Ltd
View the original press release on ACCESS Newswire
