An announcement from Helium One Global Limited ( (GB:HE1) ) is now available.
Helium One Global Ltd announced the spudding of the Jackson-4 development well at its Galactica helium project in Colorado, marking a significant step in its exploration efforts. The project, part of the larger Galactica/Pegasus development, aims to tap into high helium concentrations and optimize production configurations. This development is expected to enhance Helium One’s position in the helium market and potentially increase production capabilities, benefiting stakeholders and supporting the commercial viability of the project.
More about Helium One Global Limited
Helium One Global Ltd is an AIM-listed company focused on helium exploration, primarily operating in Tanzania with significant interests in the Rukwa and Eyasi projects. The company aims to address the supply-constrained helium market through its strategic projects, including the Galactica-Pegasus helium development project in Colorado, USA, where it holds a 50% working interest.
YTD Price Performance: 1.11%
Average Trading Volume: 40,745,742
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £53.88M
For detailed information about HE1 stock, go to TipRanks’ Stock Analysis page.