Helium exploration company Noble Helium has commenced a farmout process to fund the planned 2023 drilling campaign at the North Rukwa Helium Project in Tanzania.
The company has revealed that it is currently in discussions with companies which are expected to conclude upon receival of results from the upcoming Rukwa 3D seismic survey.
According to Noble Helium, the North Rukwa Helium Project contains an independently certified unrisked summed Pmean Helium Prospective Resource of 176bcf (billion cubic feet) – equivalent to 30 years’ global supply.
“The results of the exploration programme this year have underpinned our confidence in the North Rukwa as a helium system that might just change the game,” commented Justyn Wood, Managing Director, Noble Helium.
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