Noble has the big targets.. some 105 BcF in that northeasten...

Noble has the big targets.. some 105 BcF in that northeasten part which they have not completed seismic on.. so the terrain is more risky but the rewards massive... 105BCF Helium is like 15TCF of natural gas or about 2.5billion mmbo I believe.. (if i calculated something wrong, i do stand to be corrected; 1TCF natural gas = circa 7BCF Helium or 165mmbo oil...).

HE1 comes across as poorly managed, and recently changed CEO... their land position is easier to deal with..

Noble does 3D, while HE1 is drilling off 2D and hoping that a discovery will allow it to move to next stage, while Noble is taking less risky approach by going to farmout with 3D set in hand, for two drills.. would expect them to give away probably 50% of project for freecarry on first two drills maybe.. each for about 10BCF which is about 1.4TCF natural gas equivalent (in monetary terms), or 231mmbo oil equivalent for each prospect.. so massive sp rewards on any success even with a potential 50% farmdown..