{"id":86724,"title":"Traders’ Cafe with Zak Mir: David Minchin, CEO Helium One (HE1.L) Interview via Vox Markets","publisher":"Share Talk","author":"sharetalk","published":"2021-08-29T15:37:22+00:00","modified":"2021-08-29T15:41:05+00:00","canonical_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-david-minchin-ceo-helium-one-he1-l-interview-via-vox-markets/","markdown_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-david-minchin-ceo-helium-one-he1-l-interview-via-vox-markets.md","json_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-david-minchin-ceo-helium-one-he1-l-interview-via-vox-markets.json","category":"Energy","categories":["Energy","Exclusive Interviews"],"tags":["Attis Oil & Gas","David Minchin","EIA Certificate","ESIA approval","gas","HE1","Helium One Global","HLOGF","Ian Stalker","Mozambique","oil","OTCQB","Rukwa Basin","Rukwa project","Tanzania"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"Zak Mir talks to David Minchin, CEO Helium One, as his company announces the start of Phase 2 exploration work at its 100% owned Rukwa Project in Tanzania.\n\n \n\n**Completion of 2021 Drilling Campaign**\n\n**Commencement of Phase 2 Exploration**\n\n \n\n \n\n**Helium One (AIM: HE1)** is pleased to announce the [completion of its 2021 exploration drilling campaign](https://www.share-talk.com/helium-one-global-ld-he1-l-completion-of-drill-campaign-and-start-of-phase-2/#gs.9k0cjx) with significant new data to move rapidly to Phase 2 exploration work at its 100% owned Rukwa Project in Tanzania.\n\n**Highlights:**\n\n· Definition of a working helium system in the Rukwa Basin, de-risking our 3,500km2 license area\n\n· Greater knowledge of helium geology allows identification of ‘Shallow’ and ‘Deep’ target types for Phase 2 Exploration\n\n· New ‘Shallow’ targets can be investigated by appropriate geophysical techniques to identify prospects for low-cost drilling\n\n· New ‘Deep’ structural targets beneath well-developed 130m thick Top Karoo seal can be investigated by 2D infill seismic on defined gravity targets\n\n· Company well financed with £10m to advance the Rukwa Basin towards discovery\n\n· Tai-2, although completed without identifying helium gas, has provided valuable information on shallow trap and seal potential\n\n**Next Steps**\n\nHelium One remains well financed for the proposed exploration programme with a cash position of ten million pounds. By focussing on using various geophysical techniques to reduce geological risk and improve drill targeting, the Company remains committed to cost-effective exploration. Helium One plans for rapid deployment of Phase 2 exploration activities and is working to mobilise various geophysical investigations before the commencement of seasonal rains in November.\n\nFor further information please visit the Company’s website:[ www.helium-one.com](http://www.helium-one.com/)"}