Helium One Global Ltd - Jackson-27 Well Drilled to TD & Free Gas Confirmed
Helium One Global (HLOGF) reports successful drilling of the Jackson-27 well at the Galactica-Pegasus helium development project in Colorado, where it holds a 50% working interest. The well reached a total depth of 1,183ft with confirmed free gas presence.
Key findings include:
- 60ft of high-quality gas-saturated sands with 22-26% porosity in the Upper Lyons Sandstone Formation
- Natural gas flow observed during drilling and at total depth
- No water encountered during drilling
- Gas samples sent for laboratory analysis of helium and CO2 concentrations
The well is being prepared for surface pressure readings and flow testing, marking the fourth well in this development drilling campaign. Upon successful testing, Jackson-27 will be completed and prepared for production facility integration. The drilling rig will next move to the Jackson-2 L4 3154 well location.
Helium One Global (HLOGF) annuncia la perforazione riuscita del pozzo Jackson-27 nel progetto di sviluppo dell'elio Galactica-Pegasus in Colorado, dove detiene una quota del 50%. Il pozzo ha raggiunto una profondità totale di 1.183 piedi con confermata presenza di gas libero.
Principali risultati:
- 60 piedi di sabbie di alta qualità sature di gas con porosità del 22-26% nella Formazione Upper Lyons Sandstone
- Flusso di gas naturale osservato durante la perforazione e alla profondità totale
- Assenza di acqua durante la perforazione
- Campioni di gas inviati per analisi di laboratorio delle concentrazioni di elio e CO2
Il pozzo è in fase di preparazione per misurazioni della pressione superficiale e test di flusso, rappresentando il quarto pozzo in questa campagna di perforazione. Dopo il successo dei test, Jackson-27 sarà completato e preparato per l'integrazione con l'impianto di produzione. La piattaforma di perforazione si sposterà poi al sito del pozzo Jackson-2 L4 3154.
Helium One Global (HLOGF) informa sobre la exitosa perforación del pozo Jackson-27 en el proyecto de desarrollo de helio Galactica-Pegasus en Colorado, donde posee un interés operativo del 50%. El pozo alcanzó una profundidad total de 1,183 pies con presencia confirmada de gas libre.
Hallazgos clave:
- 60 pies de arenas saturadas de gas de alta calidad con una porosidad del 22-26% en la Formación Upper Lyons Sandstone
- Flujo de gas natural observado durante la perforación y a profundidad total
- No se encontró agua durante la perforación
- Muestras de gas enviadas para análisis de laboratorio de concentraciones de helio y CO2
El pozo se está preparando para mediciones de presión en superficie y pruebas de flujo, siendo el cuarto pozo en esta campaña de perforación de desarrollo. Tras pruebas exitosas, Jackson-27 será completado y preparado para la integración con las instalaciones de producción. La plataforma de perforación se trasladará luego al pozo Jackson-2 L4 3154.
Helium One Global (HLOGF)는 콜로라도의 Galactica-Pegasus 헬륨 개발 프로젝트에서 50%의 작업 지분을 보유한 Jackson-27 유정의 성공적인 시추를 보고했습니다. 유정은 총 깊이 1,183피트에 도달했으며 자유 가스의 존재가 확인되었습니다.
주요 발견 사항:
- Upper Lyons Sandstone 지층에서 22-26% 다공성을 가진 60피트의 고품질 가스 포화 모래층
- 시추 중 및 총 깊이에서 천연 가스 흐름 관찰
- 시추 중 물 발견되지 않음
- 헬륨 및 CO2 농도 분석을 위한 가스 샘플 실험실로 발송
유정은 지표 압력 측정 및 유량 테스트 준비 중이며, 이번 개발 시추 캠페인에서 네 번째 유정입니다. 테스트가 성공하면 Jackson-27은 완공되어 생산 시설 통합 준비가 완료됩니다. 시추 장비는 다음으로 Jackson-2 L4 3154 유정 위치로 이동할 예정입니다.
Helium One Global (HLOGF) annonce la réussite du forage du puits Jackson-27 dans le cadre du projet de développement d'hélium Galactica-Pegasus au Colorado, où la société détient une participation opérationnelle de 50 %. Le puits a atteint une profondeur totale de 1 183 pieds avec une présence confirmée de gaz libre.
Principaux résultats :
- 60 pieds de sables saturés de gaz de haute qualité avec une porosité de 22 à 26 % dans la formation Upper Lyons Sandstone
- Flux de gaz naturel observé pendant le forage et à la profondeur totale
- Aucune eau rencontrée lors du forage
- Échantillons de gaz envoyés en laboratoire pour analyse des concentrations d'hélium et de CO2
Le puits est en cours de préparation pour des mesures de pression en surface et des tests de débit, marquant le quatrième puits de cette campagne de forage de développement. Après des tests concluants, Jackson-27 sera achevé et préparé pour l’intégration aux installations de production. La plateforme de forage se déplacera ensuite vers le site du puits Jackson-2 L4 3154.
Helium One Global (HLOGF) meldet den erfolgreichen Abschluss der Bohrung des Jackson-27-Brunnens im Helium-Entwicklungsprojekt Galactica-Pegasus in Colorado, an dem das Unternehmen mit 50 % beteiligt ist. Der Brunnen erreichte eine Gesamttiefe von 1.183 Fuß mit bestätigtem freiem Gasvorkommen.
Wesentliche Ergebnisse:
- 60 Fuß hochwertiger, gasgesättigter Sand mit 22–26 % Porosität in der Upper Lyons Sandstone Formation
- Während der Bohrung und in der Endtiefe wurde ein natürlicher Gasfluss beobachtet
- Kein Wasser während der Bohrung angetroffen
- Gasproben wurden zur Laboranalyse der Helium- und CO2-Konzentrationen eingesandt
Der Brunnen wird derzeit für Oberflächendruckmessungen und Fließtests vorbereitet und ist der vierte Brunnen dieser Erkundungskampagne. Nach erfolgreichen Tests wird Jackson-27 fertiggestellt und für die Integration in die Produktionsanlage vorbereitet. Die Bohranlage wird anschließend zum Standort des Jackson-2 L4 3154-Brunnens verlegt.
- Strong natural gas flow confirmed during drilling
- High-quality reservoir with 22-26% porosity discovered
- 60ft of gas-saturated sands encountered
- No water presence in target formation
- Well ready for production facility integration upon successful testing
- Helium concentration results still pending laboratory analysis
- Additional capital expenditure required for well completion and facility tie-in
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019.
LONDON, UNITED KINGDOM / ACCESS Newswire / April 23, 2025 / Helium One Global (AIM:HE1), the primary helium explorer in Tanzania with a
Highlights
Jackson-27 well successfully drilled to total depth ("TD") of 1,183ft (360m) measured depth ("MD") with free gas confirmed by wireline logs
Well flowed naturally during drilling and at TD, demonstrating good reservoir communication
The well encountered 60ft (18m) gross pay of high-quality (22
-26% porosity based on petrophysics from offset wells JXSN-1,-2,-3,-4 and Sate-16), gas-saturated sands in the Upper Lyons Sandstone FormationSamples sent to laboratory for analyses of helium and CO2 concentrations
Well head being installed ahead of surface pressure readings and flow testing
Lorna Blaisse, Chief Executive Officer, commented:
"Jackson-27 is the fourth well in this development drilling campaign and we are pleased with the results to date. Seeing these wells perform consistently, with good flow rates and helium concentrations, supports strong reservoir connectivity and excellent reservoir quality in the Lyons Sandstone Formation across the Galactica Project. We look forward to continuing this drilling campaign with Blue Star as we advance towards production."
Jackson-27 WellDrilling and Initial Flow Test Results
The Jackson-27 SESW 3054 development well encountered the Lyons Formation at a depth of 1,123ft (342m) MD and was completed 60ft (18m) into the Upper Lyons Sandstone Formation at 1,183ft (360m). The well exhibited strong natural flow during drilling and at TD, in line with the recent Jackson-29, Jackson-31 and Jackson-4 wells.
Significantly, no water was encountered during drilling of the Lyons Sandstone Formation and wireline logs confirmed this. Based on offset wells, it is likely that the entire Upper Lyons Sandstone Formation, and a significant portion of the Lower Lyons Sandstone Formation will be gas saturated. Jackson-27 targeted the highest quality sandstone at the top of the Upper Lyons Sandstone Formation, which is connected to the entire gas column.
During the natural flow of the well, early gas samples were taken (note, these will be contaminated from air-drilling and will require air-correcting) and are being delivered for laboratory analyses of helium and CO2 concentrations.
The well head installation is being completed ahead of surface pressure readings, flow testing and further gas sampling.
It is anticipated that, upon successful testing at Jackson-27, the well will be completed, ready to be tied-in to production facilities.
The rig will soon be mobilised to the Jackson-2 L4 3154 well location where pad construction is underway.
Galactica/Pegasus Development
The Galactica project forms part of the broader Galactica/Pegasus development, discovered by Blue Star in 2022. This large-scale project offers multiple potential product streams. Blue Star is advancing the Galactica project in joint venture with Helium One Global Ltd. Under the farm-in agreement, Helium One will fund the first US
The third-party owned Red Rocks helium project adjoins Blue Star's Galactica Project (see map below). Development of Red Rocks further supports the commercialisation of the Galactica Project.
For further information please visit the Company's website: www.helium-one.com
Contact
Helium One Global Ltd Lorna Blaisse, CEO Graham Jacobs, Finance and Commercial Director | +44 20 7920 3150 |
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Panmure LiberumLimited (Nominated Adviser and Joint Broker) Scott Mathieson Nikhil Varghese | +44 20 3100 2000 |
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Zeus Capital Limited (Joint Broker) Simon Johnson Louisa Waddell | +44 20 3829 5000 |
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Tavistock(Financial PR) Nick Elwes Tara Vivian-Neal | +44 20 7920 3150 |
Notes to Editors
Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences across two distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market.
The Rukwa and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. These assets lie near surface seeps with helium concentrations ranging up to
The Company's flagship southern Rukwa Project is located within the southern Rukwa Rift Basin in south-west Tanzania. This project is considered to be entering an appraisal stage following the success of the 2023/24 exploration drilling campaign, which proved a helium discovery at Itumbula West-1 and, following an extended well test, successfully flowed
Following the success of the extended well test, the Company flowed significant quantities of helium to surface and filed a Mining Licence ("ML") application with the Tanzania Mining Commission in September 2024. The 480km2 ML has now been offered to the Company and was officially accepted in March 2025.
The Company also owns a
Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1 and on the OTCQB in the United States with the ticker HLOGF.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Helium One Global Ltd
View the original press release on ACCESS Newswire
FAQ
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