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Helium One Global Limited ( (GB:HE1) ) has shared an announcement.
Helium One Global Ltd has announced the spudding of the Jackson-29 well at its Galactica helium project in Colorado, marking a significant step in the development of the Galactica-Pegasus project. This project, discovered by Blue Star Helium, has shown promising helium concentrations and production potential, with multiple wells already delivering substantial gas flows. The completion of Jackson-29 is expected to enhance the project’s production capabilities and support its commercial viability, further positioning Helium One as a key player in the helium industry.
More about Helium One Global Limited
Helium One Global Ltd is an AIM-listed company focused on helium exploration in Tanzania, with significant projects in the Rukwa and Eyasi regions. The company aims to address the supply-constrained helium market and holds a 50% interest in the Galactica-Pegasus helium development project in Colorado, USA, operated by Blue Star Helium Ltd.
YTD Price Performance: 11.73%
Average Trading Volume: 43,811,390
Technical Sentiment Signal: Buy
Current Market Cap: £59.21M
For a thorough assessment of HE1 stock, go to TipRanks’ Stock Analysis page.