Helium One Global (AIM: HE1), the primary helium explorer in Tanzania today announces that Ian Stalker (72) has decided to step down from his position as Non-Executive Chairman after five years in the post to reduce the number of his non-executive roles. James Smith, currently Non-Executive Director of Helium One, is to be appointed as Chairman with immediate effect.
James is an experienced Director with over 35 years of experience in the natural resources sector. He has extensive expertise in the oil and gas industry having held a number of senior positions at Chevron Corporation, PanOcean Energy and also VP Exploration at Tanzanian focussed Orca Exploration. James has been a member of the Board of Helium One since listing in December 2020.
During Ian’s tenure as Chairman, he has overseen a period of significant achievement, from the Company’s successful listing on AIM to the maiden drilling programme at Rukwa, as well as guiding the Company ahead of their second drilling campaign in Rukwa in September.
Ian Stalker, current Chairman of Helium One, commented:
“Whilst there is never a good time to step down as Chairman, I do so in the knowledge that the Company in in excellent health. To say that this is an exciting time for the Company is an understatement, we have an exceptional team in place to successfully deliver our forthcoming programme at Rukwa and proving up the potential that we believe is inherent at Tai-C.
I would also like to take this opportunity to say what a pleasure it has been to work with the Helium One team over the past few years, and I wish Lorna and the team the very best on making a commercial discovery and look forward to following their progress in the coming months.”
James Smith current Non-Executive of Helium One, commented:
“I would firstly like to thank Ian for his invaluable contribution at Helium One; he leaves the Company in very sound health at what could be a transformational time as we embark upon our next drilling campaign. I am delighted to be asked to be Chairman and look forward to continuing to build on Ian’s legacy and working with the team, utilising my specific oil and gas expertise as we look to become a strategic player in contributing towards the supply of Helium at a time when the market demand is so high.”
