Noble Helium (ASX:NHE) is preparing for its maiden drilling campaign in Q3 2023, after finalising its first targets along the North Rukwa Helium Project’s western flank in Tanzania.
The company reports that priority drill targets are finalised, following the successful completion of a 3D seismic program.
Additionally, the first 2 wells, Mbelele-1 and Pegere-1 will target independent plays, selected from the company’s North Rukwa prospect and lead inventory for their ‘high’ probability of demonstrating gas phase helium. 
Noble Helium Chief Executive Officer (CEO) and co-founder Justyn Wood says: “The company has a high degree of confidence in the potential of these wells to discover gas-phase helium in the subsurface of the Rukwa Basin, one of Tanzania’s East African Rift System basins, which has the potential to be the world’s third largest helium reserve behind USA and Qatar and the largest primary reserve.”
The planned drilling campaign follows a comprehensive de-risking program conducted across the basin over the past 11 months, including soil gas surveys, airborne gravity gradiometry, reservoir and seal studies, 2D and 3D seismic surveys, and leading edge helium charge modelling.
“The company has a high degree of confidence in the potential of these wells to discover gas-phase helium in the subsurface of the Rukwa Basin…”
Additionally, these studies point to a high probability of discovering gas phase helium in the subsurface at Mbelele and Pegere, as well as proving a prolific and effective helium system in the north Rukwa Basin.
Noble Helium’s flagship North Rukwa Project has an ‘independently’ certified, summed unrisked mean Prospective Helium Resource of 175 billion cubic feet. The project lies within the Rukwa Basin.
Images: Noble Helium Ltd
