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Helium One Global Limited ( (GB:HE1) ) has provided an update.
Helium One Global Ltd announced positive results from the Jackson-4 well in the Galactica-Pegasus project, with natural gas flow rates reaching approximately 190 Mcfd and projected stabilized rates between 250 to 350 Mcfd. The well’s high permeability and helium concentration align with expectations, supporting the company’s strategic position in the helium market and enhancing its development plans in the USA.
More about Helium One Global Limited
Helium One Global Ltd is an AIM-listed company focused on helium exploration, primarily operating in Tanzania and holding a significant interest in the Galactica-Pegasus helium development project in Colorado, USA. The company aims to address the supply-constrained helium market through its projects, including the flagship Rukwa Project in Tanzania, which has shown promising helium concentrations.
YTD Price Performance: 11.11%
Average Trading Volume: 43,811,390
Technical Sentiment Signal: Buy
Current Market Cap: £59.21M
For detailed information about HE1 stock, go to TipRanks’ Stock Analysis page.