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clock Created with Sketch. 30/11/23
21:26
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Originally posted by Reyni:
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"Justyn Wood, the CEO of Noble Helium commented: “It’s extremely pleasing to have completed the drilling stage at Mbelele-2 on time and safely, and with excellent borehole conditions so that we can now proceed to confidently collect the data we need to define the helium associated with the Mbelele structure. Early indications are excellent and consistent with the results at Mbelele-1.” The company explains that significant helium increases in the mud gas have confirmed multiple zones of interest in the Mbelele2 wellbore, including some pre-drill zones of interest and additionally ,open-fractured basement , where the highest mud gas helium readings were encountered at multiples of background."
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Justyn explains in this video (around 2mins 10sec) that the bulk of the reserves they are expecting of the 15Bcf are in the lower section of Mbelele-2 which arent tested in Mbelele-1.VIDEO
