Helium One Global Ltd Announces Southern Rukwa Helium Project Update
Helium One Global (HLOGF) has provided updates on its Southern Rukwa Helium Project in Tanzania. The company has executed a purchase agreement with CenerTech Group (CNOOC subsidiary) for an Electrical Submersible Pump (ESP) and associated equipment, with operations set to commence in Q4 2025.
Two Prospecting Licenses (PL 10881 and PL 10882) have expired and been relinquished, with the company focusing on its 480km² Mining License area. Additionally, Helium One announced its voluntary delisting from the OTCQB Venture Market effective September 30, 2025, while maintaining its primary listing on London's AIM market.
The company's recent achievements include a successful extended well test at Itumbula West-1 yielding 5.5% helium flow, and progress in its 50% owned Galactica-Pegasus project in Colorado, which showed helium concentrations up to 3.3% and is advancing toward production in Q4 2025.
Helium One Global (HLOGF) ha fornito aggiornamenti sul Progetto Elio Southern Rukwa in Tanzania. L'azienda ha stipulato un accordo di acquisto con CenerTech Group (controllata della CNOOC) per una Pompa sottomarina elettrica (ESP) e attrezzature correlate, con operazioni previste per iniziare nel Q4 2025.
Due Licenze di Prospezione (PL 10881 e PL 10882) sono scadute e rinunciate, e la società si focalizza sull'area della licenza mineraria di 480 km². Inoltre, Helium One ha annunciato la delisting volontaria dal OTCQB Venture Market a partire dal 30 settembre 2025, mantenendo la quotazione principale sull'AIM di Londra.
Gli ultimi risultati includono un test esteso di pozzo a Itumbula West-1 che ha prodotto un flusso di elio del 5,5%, e avanzamenti nel progetto Galactica-Pegasus, di proprietà al 50% in Colorado, che hanno mostrato concentrazioni di elio fino al 3,3% e sono in avanzata fase verso la produzione nel Q4 2025.
Helium One Global (HLOGF) ha presentado actualizaciones sobre su Proyecto de Helio Southern Rukwa en Tanzania. La compañía ha suscrito un acuerdo de compra con CenerTech Group (filial de CNOOC) para una Bomba Submarina Eléctrica (ESP) y equipo asociado, con operaciones previstas para iniciar en el cuarto trimestre de 2025.
Se han vencido y renunciado dos Licencias de Prospección (PL 10881 y PL 10882), y la empresa se concentra en su área de licencia minera de 480 km². Además, Helium One anunció su salida voluntaria del OTCQB Venture Market a partir del 30 de septiembre de 2025, manteniendo su cotización principal en el AIM de Londres.
Los logros recientes incluyen un ensayo extendido de pozo en Itumbula West-1 con un rendimiento de helium del 5,5%, y avances en su proyecto Galactica-Pegasus de propiedad al 50% en Colorado, que mostró concentraciones de helio de hasta 3,3% y se dirige hacia la producción en el Cuarto Trimestre de 2025.
Helium One Global (HLOGF)은 탄자니아 남부의 Southern Rukwa 헬륨 프로젝트에 대한 업데이트를 제공했습니다. 회사는 CenerTech Group과(CNOOC 자회사) 전기 서브머시블 펌프(ESP) 및 관련 장비에 대한 구매 계약을 체결했으며, 운영은 2025년 4분기에 시작될 예정입니다.
두 개의 탐사 면허(PL 10881 및 PL 10882)가 만료되어 포기되었으며, 회사는 480km² 광산 라이선스 지역에 집중하고 있습니다. 또한 Helium One은 2025년 9월 30일자로 OTCQB Venture Market에서의 자발적 상장을 종료하고, 런던 AIM 시장의 주 상장은 유지하기로 했습니다.
최근 성과로는 Itumbula West-1에서의 확장 우물 테스트가 성공적이었고 헬륨 흐름 5.5%를 기록했으며, 콜로라도주에서 50% 소유의 Galactica-Pegasus 프로젝트도 진행되고 있어 헬륨 농도가 최대 3.3%를 보였고 2025년 4분기에 생산을 향해 나아가고 있습니다.
Helium One Global (HLOGF) a fourni des mises à jour sur son projet d'hélium Southern Rukwa en Tanzanie. La société a conclu un accord d'achat avec CenerTech Group (filiale de CNOOC) pour une pompe submersible électrique (ESP) et l'équipement associé, les opérations devant commencer au Quatrième trimestre 2025.
Deux licences de prospection (PL 10881 et PL 10882) ont expiré et ont été abandonnées, la société se concentrant sur sa zone de licence minière de 480 km². De plus, Helium One a annoncé sa radiation volontaire du OTCQB Venture Market à compter du 30 septembre 2025, tout en maintenant sa cotation principale sur le marché AIM de Londres.
Les réalisations récentes incluent un test de puits prolongé à Itumbula West-1 affichant un flux d'hélium de 5,5%, et des progrès dans son projet Galactica-Pegasus détenu à 50% dans le Colorado, montrant des concentrations d'hélium jusqu'à 3,3% et se dirigeant vers une production au Quatrième trimestre 2025.
Helium One Global (HLOGF) hat Updates zu seinem Southern Rukwa Helium-Projekt in Tansania bereitgestellt. Das Unternehmen hat mit CenerTech Group (Tochtergesellschaft der CNOOC) eine Kaufvereinbarung für eine elektrische Tauchpumpe (ESP) und das zugehörige Equipment abgeschlossen, die Betriebsaufnahme ist für Q4 2025 vorgesehen.
Zwei Prospektionslizenzen (PL 10881 und PL 10882) sind abgelaufen und aufgegeben worden; das Unternehmen konzentriert sich auf das 480 km² große Bergbaurechtsgebiet. Zudem kündigte Helium One den freiwilligen Rückzug vom OTCQB Venture Market ab dem 30. September 2025 an, während die Hauptnotierung am Londoner AIM bestehen bleibt.
Zu den jüngsten Erfolgen gehört ein erweiterter Wells-Test bei Itumbula West-1 mit einem Heliumfluss von 5,5%, sowie Fortschritte im zu 50% beteiligten Galactica-Pegasus-Projekt in Colorado, das Heliumkonzentrationen bis zu 3,3% zeigte und sich auf eine Produktion im Q4 2025 zubewegt.
Helium One Global (HLOGF) قدّمت تحديثات حول مشروع الهيليوم Southern Rukwa في تنزانيا. قامت الشركة بتنفيذ اتفاق شراء مع CenerTech Group (شركة تابعة لـ CNOOC) لمضخة غاطسة كهربائية (ESP) ومعدات مرتبطة، على أن تبدأ العمليات في الربع الرابع من 2025.
انتهت صلاحية وإخلاء اثنين من تراخيص الاستكشاف (PL 10881 و PL 10882)، مع تركيز الشركة على منطقة ترخيص منجم تبلغ 480 كم². كما أعلنت Helium One عن إدراجها الاختياري من OTCQB Venture Market اعتباراً من 30 سبتمبر 2025 مع الحفاظ على إدراجها الأساسي في سوق AIM لندن.
تشمل الإنجازات الأخيرة إجراء اختبار بئر موسع في Itumbula West-1 أَنتَج تدفقاً هليومياً قدره 5.5%، وتقدم في مشروعها الذي تملكه بنسبة 50% Galactica-Pegasus في كولورادو، الذي أظهر تركيزات هليوم تصل إلى 3.3% ويتجه إلى الإنتاج في الربع الرابع من 2025.
Helium One Global (HLOGF) 已就其位于坦桑尼亚的南卢卡鲁氦气项目提供更新。公司已与CenerTech Group（CNOOC子公司）签订了一份用于电潜泵（ESP）及相关设备的购买协议，运营预计在2025年第四季度开始。
两项探矿许可（PL 10881 和 PL 10882）已到期并被放弃，公司将重点放在480平方公里的矿业许可区。此外，Helium One宣布将于2025年9月30日自愿从OTCQB Venture Market退市，同时维持在伦敦AIM市场的主板上市。
公司近期成就包括在Itumbula West-1的扩展井测试取得成功，产出氦气流量为5.5%，以及其在科罗拉多州、50%持股的Galactica-Pegasus项目取得进展，氦气浓度最高达到3.3%，并朝着2025年第四季度投产迈进。
- Successful extended well test at ITW-1 demonstrating 5.5% helium flow to surface
- Secured ESP equipment from CNOOC subsidiary to enhance flow rates
- Holds 480km² Mining License area in Tanzania
- Galactica-Pegasus project showing promising 3.3% helium concentrations
- On track for production at Galactica wells in Q4 2025
- Two Prospecting Licenses (PL 10881 and PL 10882) have expired and been relinquished
- Delisting from OTCQB due to insufficient trading volumes and benefits
- Water presence in helium solution requiring disposal infrastructure
LONDON, UK / ACCESS Newswire / September 22, 2025 / Helium One Global ("Helium One" or the "Company")(AIM:HE1), the primary helium explorer in Tanzania with a
Highlights
Purchase agreement executed for Electrical Submersible Pump ("ESP") and associated equipment
Equipment to be provided by the CenerTech Group, which is part of the Chinese National Offshore Company (CNOOC)
Civils work commenced at site for water disposal during ESP operations
On track to commence ESP operations at ITW-1 in Q4 2025
Lorna Blaisse, Chief Executive Officer, commented:
"We are delighted to be advancing towards the next operational phase of development at ITW-1 in southern Rukwa. The ESP operations will enable us to increase flow rates and gain greater information on gas composition from the fractured Basement and Karoo intervals. We look forward to providing further updates as operations commence and progress."
Advancement of Next Phase of Operations in Southern Rukwa, Tanzania
The purchase contract and Quality Assurance/Quality Control process for the ESP and associated equipment were completed during a recent visit by Company personnel to CenerTech's manufacturing facility in China. Additional civils work at the ITW-1 wellsite have commenced, predominately to allow for water disposal. This operation will enable the Company to flow the well at significantly higher flow rates in order to gain a greater understanding of the source of the water in which the helium is in solution and establish the optimum production rates that will yield maximum helium concentrations. This information will be used to further enhance and evaluate the development programme and engineering.
Expiry of Prospecting Licences ("PL") in Southern Rukwa, Tanzania
Two PLs held by the Company (PL 10881 and PL 10882) have reached the end of their second and final renewal term and automatically lapsed on 21st September 2025. The Company has fully relinquished these expired PLs and will focus on the southern Rukwa development within the 480km2 developable Mining Licence area.
The Company continues to review all geological regions of Tanzania for helium potential and remains opportunistic for future PL applications.
Voluntary Delisting on the OTCQB Venture Market
The Company has notified OTC Markets Group Inc. of its intention to voluntarily delist the Company's ordinary shares from trading on the OTCQB Venture Market ("OTCQB").
The decision to delist from OTCQB was made following a review of trading volumes, costs, and the subsequent visibility that was hoped to be gained in the US market. The Board concluded that the continued quotation on OTCQB does not provide sufficient benefit to the Company or its shareholders to justify the associated costs.
The Company's shares will continue to be admitted to trading on the AIM market of the London Stock Exchange, which will remain the Company's primary trading venue.
The Company has requested that Its shares are delisted from OTCQB with effect from Tuesday 30 September 2025. Further announcements will be made as appropriate.
For further information please visit the Company's website: www.helium-one.com
Helium One Global Ltd | +44 20 7920 3150 |
Lorna Blaisse, CEO | |
Panmure Liberum Limited (Nominated Adviser and Joint Broker) | +44 20 3100 2000 |
Zeus Capital Limited (Joint Broker) | +44 20 3829 5000 |
Tavistock(Financial PR) | +44 20 7920 3150 |
Notes to Editors
Helium One Global, the primary helium explorer in Tanzania with a
The Company's flagship southern Rukwa Project is located within the southern Rukwa Rift Basin in south-west Tanzania. This project entering a full appraisal and development 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 ("EWT"), successfully flowed
Following the success of the EWT, the Company filed a Mining Licence ("ML") application with the Tanzania Mining Commission in September 2024 and the 480km2 ML was formally awarded to the Company in July 2025.
The Company also owns a
This programme has seen a systematic approach to developing the extensive Lyons Formation reservoir. The programme has delivered encouraging results, in line with expectations, consistently encountering good helium (up to
Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Helium One Global Ltd
View the original press release on ACCESS Newswire
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