Scirocco Energy PLC Helium One Update (8057B)
14 Junio 2021 - 5:10AM
UK Regulatory
TIDMSCIR
RNS Number : 8057B
Scirocco Energy PLC
14 June 2021
14 June 2021
Scirocco Energy plc
("Scirocco" of "the Company")
Helium One Update
Commencement of Drilling
Scirocco Energy (AIM: SCIR) notes the update provided by Helium
One Limited ("Helium One") (AIM: HE1) this morning in which it
announces the commencement of its exploration drilling programme at
the Rukwa Project (100% owned by Helium One) in Tanzania. Scirocco
has a holding of c. 1.2% in Helium One's current share capital.
Highlights of the Helium One announcement:
-- Drilling has commenced at Tai; a 'must drill' three-way dip
closure, upgraded by the Company's recent 2D infill seismic
-- Three well exploration programme targeting shallow trap
structures to a maximum depth of 1200m
-- Exploration drilling includes:
o Micro gas chromatograph and mini mass spectrometer used to
identify elevated levels of helium in mud and reportable as a
helium show
o Wireline logs to identify reservoir and seal units and to
confirm pay zones in success case
o Drill Stem Testing unit to attempt to flow helium gas samples
to surface
-- Each well will take circa one month to complete
Full details of the announcement can be found on the Helium
One's website www.helium-one.com
For further information:
Scirocco Energy plc
Tom Reynolds, CEO +44 (0) 20 7466
Doug Rycroft, COO 5000
Strand Hanson Limited, Nominated Adviser +44 (0) 20 7409
James Spinney / Ritchie Balmer / Rory Murphy 3494
WH Ireland Limited, Broker +44 (0) 0207 220
Harry Ansell / Katy Mitchell 1666
Buchanan, Financial PR +44 (0) 20 7466
Ben Romney / Kelsey Traynor / James Husband 5000
Notes to Editors
Helium One is an independent specialist explorer focusing on
delineating and developing significant helium assets in Tanzania.
This company holds more than 4,500 square km of exclusive licences
encompassing four project areas, the largest of which is Rukwa.
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