Helium One Global Delivers Strong Flow Test Results at Jackson-27 Well in Colorado

 

Helium One Global Ltd (LSE:HE1) has reported encouraging flow test outcomes from its Jackson-27 well, part of the Galactica Project in Colorado. The well recorded a natural flow rate of 320 Mcfd, with potential stabilised rates reaching up to 550 Mcfd. Conducted in partnership with Blue Star Helium, this result marks a significant milestone for the project and reinforces its potential as a meaningful contributor to helium supply.

These findings highlight the exceptional reservoir quality and permeability of the Upper Lyons Sandstone Formation, strengthening the project’s development case and informing future commercial planning. The results position Helium One to play a growing role in the increasingly constrained global helium market.

Financial and Market Outlook

While Helium One continues to face financial headwinds, including ongoing losses and limited current revenue, its recent technical and operational successes point to potential long-term upside. Negative valuation metrics reflect the company’s profitability challenges, but recent positive developments—such as successful well testing—offer a counterbalance. Technical indicators are mixed, suggesting a cautious but optimistic investor sentiment.

About Helium One Global Ltd

Helium One Global is an AIM-listed exploration company focused on unlocking helium resources in high-potential regions. It holds licenses across Tanzania’s Rukwa and Eyasi basins—areas known for their high helium concentrations—and owns a 50% stake in the Galactica-Pegasus project in Colorado. The company’s goal is to address growing demand in the helium market, which is under pressure from limited global supply. Recent advancements at the Rukwa Project have pushed it into the appraisal phase, following promising exploration outcomes.

• Year-to-Date Share Performance: +11.11%

• Average Daily Trading Volume: 47,592,300 shares

• Technical Sentiment: Buy

• Market Capitalisation: £59.21 million

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