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Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) has told investors that its Galactica helium project in Colorado has reached a significant commercial milestone, after the operator reported the processing plant is now loading refined helium into a tube trailer for sale under spot-market arrangements. The AIM-listed helium explorer, which holds a 50% working interest in the Galactica-Pegasus development project, said Blue Star Helium has commissioned the plant's amine unit to remove CO₂ from the inlet gas stream.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) has told investors that its Galactica helium project in Colorado has reached a significant commercial...
Panmure Liberum said Helium One Global Ltd latest flow testing at its ITW-1 well in Tanzania has pushed the Rukwa story firmly back into the spotlight, after an Electrical Submersible Pump (ESP) lifted production rates to levels the broker argues could be “commercial” in a broader multi-well development. In its note, the broker reiterated a 'Buy' rating and held its 3.22p target price, pointing to a test window running from 26 January to 14 February that delivered average flow of around 15 kbwpd and peaks above 16.4 kbwpd.
Helium One Global Ltd told investors that pump-assisted testing at its ITW-1 well in Tanzania's southern Rukwa basin delivered a six-fold jump in flow rates versus the 2024 extended well test, as the AIM-listed helium explorer moves to start a formal farmout to bring in a partner. "The successful completion of the ESP testing programme represents an important operational milestone for Helium One and further demonstrates the production potential of the southern Rukwa Helium Project," said chair James Smith.
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Helium One Global Ltdl has told investors that the operator of its Colorado helium project expects to begin integrated operations at the Pinon Canyon Plant next week, as the Galactica-Pegasus development moves from commissioning into a broader 2026 ramp-up. The AIM-listed group, which holds a 50% working interest in the project operated by Blue Star Helium, said the plant was shut in after first gas in December to integrate an amine unit that removes CO₂ from the inlet stream.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) said it expects revenues to build through the first half of 2026 as production ramps up at its US helium project, after achieving first gas and beginning the process of selling output. The AIM-listed company, which has a 50% working interest in the Galactica-Pegasus project in Colorado, said operations have now moved from commissioning into a phase focused on stabilising production and generating cash flow.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) has begun a new phase of testing at its flagship helium exploration project in southern Tanzania, as the AIM-listed company looks to assess whether deeper rock layers can deliver higher gas flows. The company said on Monday that electrical submersible pump, or ESP, testing has started at its ITW-1 well in the southern Rukwa basin.
Helium One Global Ltd (OTCMKTS:HLOGF - Get Free Report) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 2,968,973 shares, a growth of 487.9% from the November 30th total of 505,056 shares. Based on an average daily trading volume, of 400,764 shares, the
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Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has announced the successful commissioning and first gas production at its Galactica helium plant in Colorado. It follows completion of the Pinon Canyon processing facility.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has announced the successful commissioning and first gas production at its Galactica helium plant in Colorado....
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Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has provided an update on the Galactica-Pegasus helium development project in Colorado, USA, where the production facility has now reached substantial completion and commissioning is due to begin this week. Helium One said the gathering system has been successfully pressure tested and tied in to the production facility.