They found helium, can't be too bad? The Company’s CEO and...

They found helium, can't be too bad?

The Company’s CEO and Co-Founder Justyn Wood commented:

“The continued helium shows at multiple levels in Mbelele-1 are very encouraging and in line with our interpretation of the exploration and seismic data that this is an active helium producing system and continues to support the Company’s well-researched thesis that the North Rukwa rift basin has
the potential to emerge as a new globally significant primary helium province.”

“We look forward to understanding the nature of the helium shows and the reservoir potential in these deeper targets at Mbelele-1 and of course Mbelele-2, which also demonstrates anomalies on seismic consistent with gas presence.”