Title: Helium One's Jackson-2 Flow Test Results Signal Bright Future for East African Helium Exploration

Content:

Helium One's Jackson-2 Well Flow Test Yields Promising Results

In a significant development for the helium industry, Helium One Global Ltd. has announced encouraging flow test results from its Jackson-2 well in Tanzania. The latest findings have sparked renewed interest in East African helium exploration and could signal a major shift in the global helium market.

What Are the Key Findings from Jackson-2?

Helium One's Jackson-2 well, located in the Rukwa Rift Basin, has shown promising signs of helium concentration. The flow test results indicate a sustainable flow rate, which is a critical factor for commercial viability. Here are the key highlights:

• Helium Concentration: The well has demonstrated a helium concentration of up to 2.4%, which is significantly higher than the industry standard for commercial helium extraction.
• Flow Rate: The flow test achieved a rate of 1.2 million standard cubic feet per day (MMscf/d), indicating the potential for sustained production.
• Pressure and Stability: The well maintained stable pressure throughout the test, suggesting a robust reservoir.

These results are a testament to the potential of the Rukwa Rift Basin and could position Helium One as a major player in the global helium market.

The Importance of Helium in Modern Industries

Helium is a critical resource used in various high-tech applications, including:

• Medical Imaging: Helium is essential for cooling superconducting magnets in MRI scanners.
• Semiconductor Manufacturing: It is used in the production of semiconductors and fiber optics.
• Aerospace and Defense: Helium is used in rocket fuel systems and for leak detection in spacecraft.

Given its non-renewable nature and the limited number of helium-producing regions worldwide, the discovery of new helium reserves is of paramount importance.

Helium One's Strategic Position in East Africa

Helium One's focus on East Africa is strategic, given the region's untapped potential for helium exploration. The company's efforts in Tanzania are part of a broader initiative to diversify the global helium supply chain.

Why East Africa?

East Africa, particularly Tanzania, has geological formations that are conducive to helium accumulation. The Rukwa Rift Basin, where Jackson-2 is located, is one such area. Here are some reasons why East Africa is becoming a focal point for helium exploration:

• Geological Potential: The region's rift valleys and volcanic activity create ideal conditions for helium entrapment.
• Untapped Reserves: East Africa remains largely unexplored for helium, offering significant potential for new discoveries.
• Government Support: Tanzania's government has shown a willingness to support helium exploration, providing a favorable regulatory environment.

Helium One's Exploration Strategy

Helium One's approach to exploration is methodical and data-driven. The company has invested in advanced seismic surveys and drilling technologies to maximize the chances of success. The Jackson-2 well is a result of this strategic approach, and the positive flow test results validate the company's efforts.

The Global Helium Market and Future Outlook

The global helium market is currently dominated by a few key players, primarily in the United States and Qatar. However, the encouraging results from Jackson-2 could disrupt this status quo and introduce new dynamics to the market.

Current Market Dynamics

• Supply Constraints: The global helium supply is often constrained due to limited production capacity and geopolitical factors.
• Price Volatility: Helium prices have been volatile, reflecting the supply-demand imbalance.
• Demand Growth: The demand for helium is expected to grow, driven by advancements in technology and healthcare.

Impact of Jackson-2 on the Market

The successful flow test at Jackson-2 could have several implications for the global helium market:

• Increased Supply: If Jackson-2 leads to commercial production, it could increase the global helium supply, potentially stabilizing prices.
• Diversification: A new helium-producing region in East Africa could diversify the global supply chain, reducing dependency on traditional sources.
• Investment Opportunities: The positive results may attract more investment into helium exploration in East Africa, further boosting the region's potential.

What's Next for Helium One?

Following the encouraging results from Jackson-2, Helium One is poised to take several steps to capitalize on this success.

Future Exploration Plans

Helium One plans to conduct further drilling and testing in the Rukwa Rift Basin to assess the full extent of the helium reserves. The company is also exploring other prospective areas in Tanzania and neighboring countries.

Commercialization Strategy

The company is working on a commercialization strategy that includes:

• Infrastructure Development: Building the necessary infrastructure to support helium extraction and processing.
• Partnerships: Forming strategic partnerships with industry players to enhance production capabilities.
• Market Entry: Developing a plan to enter the global helium market and establish a strong presence.

Conclusion: A New Era for Helium Exploration

The encouraging flow test results from Helium One's Jackson-2 well mark a significant milestone in the quest for new helium reserves. As the company moves forward with its exploration and commercialization plans, the global helium market may see a shift towards greater diversity and stability. East Africa, with its untapped potential, could become a new frontier in the helium industry, driven by the pioneering efforts of Helium One.

Key Takeaways

• Promising Results: Jackson-2's flow test results indicate high helium concentration and sustainable flow rates.
• Strategic Focus: Helium One's focus on East Africa is driven by the region's geological potential and supportive regulatory environment.
• Market Impact: The success of Jackson-2 could lead to increased helium supply and market diversification.
• Future Plans: Helium One is set to expand its exploration and develop a commercialization strategy to capitalize on its findings.

As the world watches, Helium One's journey in East Africa could herald a new era for the global helium industry, offering hope for a more stable and diverse supply chain.