Helium One Global Limited ( (GB:HE1) ) has provided an update.
Helium One Global Ltd announced the successful drilling of the intermediate section of the Jackson-4 well in the Galactica-Pegasus project. This marks a significant step in their operations, as the well is set to be completed and tied into production facilities upon successful testing, potentially enhancing the company’s helium production capabilities and strengthening its position in the helium market.
More about Helium One Global Limited
Helium One Global Ltd is a Tanzanian-based explorer listed on the AIM market of the London Stock Exchange. The company focuses on helium exploration and holds prospecting licenses in Tanzania’s Rukwa and Eyasi projects, which have shown promising helium concentrations. Additionally, Helium One has a 50% interest in the Galactica-Pegasus helium development project in Colorado, USA.
YTD Price Performance: 19.11%
Average Trading Volume: 43,971,730
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £62.17M
For an in-depth examination of HE1 stock, go to TipRanks’ Stock Analysis page.
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