Welcome to our dedicated page for Helium One Globa news (Ticker: HLOGF), a resource for investors and traders seeking the latest updates and insights on Helium One Globa stock.
Helium One Global Ltd (HLOGF) is a helium exploration company focused on developing high-potential resources in Tanzania and Colorado. This page serves as the central hub for official press releases, operational updates, and strategic announcements from the company.
Investors and industry observers will find timely information on drilling campaigns, licensing progress, and partnership developments. The curated news archive provides transparent access to both technical achievements and corporate milestones, supporting informed analysis of the company's trajectory.
Key content categories include exploration results, equipment acquisitions, regulatory filings, and joint venture updates. All materials are sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for direct access to Helium One Global's latest news. Regularly updated content enables stakeholders to track progress across multiple projects while maintaining perspective on the evolving helium market.
Helium One Global (HLOGF) announces the spudding of Jackson-29 development well at its Galactica helium project in Las Animas County, Colorado, where it holds a 50% working interest. The well targets the Lyons Sandstone Formation and will undergo wireline logging followed by flow and pressure readings.
The Galactica/Pegasus development, discovered by Blue Star in 2022, has shown promising results with four existing discoveries delivering gas flows of 125-412 Mcfd with helium concentrations of 2.0-6.1%. Recent wells include State-16 (capable of producing up to 441 Mcfd with 1.9% helium), Jackson-31 (natural flow rate of ~250 Mcfd), and Jackson-4 (results pending).
Under the farm-in agreement, Helium One will fund the first US$450,000 of the Jackson-29 well. The project benefits from proximity to the third-party owned Red Rocks helium project and ongoing engineering work for CO2 removal and helium processing.
Helium One Global has submitted its Blocklisting Six Monthly Return, as announced on March 24, 2025. The announcement was made through RNS, the London Stock Exchange's news service, which is authorized by the Financial Conduct Authority as a Primary Information Provider in the United Kingdom.
Helium One Global (HLOGF) reports successful drilling of the Jackson-4 well at the Galactica-Pegasus helium development project in Colorado, where it holds a 50% working interest. The well reached a total depth of 1,260ft (384m) with confirmed free gas presence.
The well encountered 62ft (18.9m) of high-quality gas-saturated sands in the Upper Lyons Sandstone Formation, with 22-26% porosity. Notable features include strong natural flow during drilling and no water encountered. Gas samples have been sent for laboratory analysis of helium and CO2 concentrations.
The Galactica/Pegasus development, discovered in 2022, has shown promising results from previous wells, with gas flows ranging from 125 to 412 Mcfd and helium concentrations between 2.0% and 6.1%. Recent wells State-16 and Jackson-31 demonstrated production capabilities of up to 441 Mcfd and 500 Mcfd respectively.
Helium One Global (HLOGF) has announced its unaudited interim results for the six months ended December 31, 2024. The company reported key operational milestones including successful completion of the Itumbula West-1 extended well test, which flowed up to 7.9% helium to surface.
The company has diversified its portfolio by acquiring a 50% interest in Blue Star Helium's Galactica-Pegasus project in Colorado, USA. The development program includes drilling 15 wells, with initial production expected by end of H1 2025. Independent analysis forecasts approximately $2 million per annum revenue over five years, with potential 50% increase from CO2 sales.
Financial highlights include:
- Pre-tax loss of $1,927,896 (vs $1,064,747 in previous period)
- Net cash balance of $10,021,699 as of December 31, 2024
- Successful fundraising of £6.4 million ($8.2 million) through share issuance
Post-period, the company received a Mining License offer letter for the southern Rukwa Helium Project in Tanzania and commenced initial six-well development drilling at Galactica-Pegasus.
Helium One Global (HLOGF) has announced the successful completion of intermediate hole section drilling at the Jackson-4 L4 3154 development well, reaching 1,123ft (342m) measured depth at the Galactica-Pegasus helium project in Colorado. The company holds a 50% working interest in this project, operated by Blue Star Helium.
The next steps include:
- Casing installation and cementing operations
- Cement bond log (CBL) verification
- Further drilling into the target Lyons Sandstone Formation
- Wireline logging at total depth (TD)
- Well head installation for flow and pressure readings
Upon successful testing, Jackson-4 will be completed and prepared for tie-in to production facilities. Additionally, the company's flagship Rukwa Project in Tanzania recently achieved success with its Itumbula West-1 well, flowing 5.5% helium continuously to surface in Q3 2024, leading to a Mining License application.
Helium One Global has announced positive flow testing and gas sampling results from the Jackson-31 development well at its Galactica helium project in Colorado. The well, drilled to 1,210 feet, demonstrated strong natural gas flow rates reaching approximately 250 thousand cubic feet per day (Mcfd).
Initial laboratory analysis revealed helium concentrations up to 2.2% air corrected (1.9% not air corrected), with projected reservoir helium concentration expected to equilibrate to 2.3-2.5%. Based on engineering analysis, the well's projected stabilized flow rates are expected between 300-400 Mcfd, with a maximum potential of 500 Mcfd.
The well encountered high-quality, gas-saturated Lyons Sandstone Formation at 1,153 feet, with strong pressure build-up post-testing indicating high permeability and good reservoir communication. The gas composition shows approximately 69% CO2 and 29% nitrogen.
Helium One Global (HLOGF) reports increased helium concentrations at its State-16 development well in the Galactica Project, Colorado, where it holds a 50% working interest. New samples show 2.17% helium concentration, a significant increase from the previously reported 1.65% (non air-corrected average).
The latest samples also revealed 36.26% nitrogen and 61.56% carbon dioxide composition. The well head pressure reached 10 psig during sampling, the highest recorded to date, indicating positive reservoir connectivity. The well is now completed for production facility tie-in.
Additionally, the company maintains its Tanzanian operations, where its flagship Rukwa Project recently demonstrated success with the Itumbula West-1 discovery, flowing 5.5% helium continuously to surface in Q3 2024. The company has subsequently filed and received approval for a Mining License from the Tanzanian Government.
Helium One Global (HLOGF) announces the spudding of Jackson-4 development well at its Galactica helium project in Las Animas County, Colorado, where it holds a 50% working interest. The well's shallow conductor section has been set, with BOPs being installed to drill through the intermediate hole section. The well targets the Lyons Sandstone Formation.
The Galactica/Pegasus development, discovered by Blue Star in 2022, has shown promising results with four existing discoveries delivering gas flows of 125 to 412 Mcfd with helium concentrations between 2.0% and 6.1%. The recent State-16 well, drilled in June 2024, demonstrated production capability of up to 441 Mcfd with 1.9% helium content and identified 96+ feet of gas column.
Blue Star is advancing engineering work on CO2 removal, purification, and helium processing via the IACX helium recovery unit. The project's commercial viability is further supported by the adjacent third-party owned Red Rocks helium project.
Helium One Global (HLOGF) reports successful drilling of the Jackson-31 well at the Galactica-Pegasus helium development project in Colorado, where it holds a 50% working interest. The well reached a total depth of 1,210ft with confirmed free gas presence.
The well encountered 57ft of high-quality gas-saturated Upper Lyons Sandstone Formation with 22-26% porosity. Natural gas flow was observed during drilling, demonstrating strong reservoir communication. The formation is expected to contain more than 100ft of gas column above the gas-water contact.
The Galactica/Pegasus development, discovered in 2022, has shown promising results from previous wells (JXSN-1 to JXSN-4) with gas flows of 125 to 412 Mcfd and helium concentrations between 2.0% and 6.1%. The recent State-16 well, drilled in June 2024, showed production capability up to 441 Mcfd with 1.9% helium content.
Helium One Global (HLOGF) has received a Mining License (ML) offer from Tanzania's Mining Commission for its southern Rukwa Helium Project. The ML will cover approximately 480km², significantly larger than standard mining licenses, encompassing the entire southern Rukwa Helium Project in the Momba and Sumbawanga Districts.
This milestone follows the company's discovery at Itumbula West-1 and their September 2024 application submission. The project demonstrated success in Q3 2024 with an extended well test that continuously flowed 5.5% helium to the surface. The Ministry of Minerals approved this larger-than-standard license area, recognizing the unique geological characteristics of the helium gas-in-solution play.
Helium One Global maintains a 100% equity in its Tanzanian licenses and holds a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA.
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