AIM-listed Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has provided an update following the Blue Star Helium announcement issued today regarding the Galactica Project.
Highlights
- Gathering system has been successfully pressure tested and is now tied-in to the production facility
- Production facility has reached substantial completion
- Facility commissioning to commence this week
- First gas still scheduled ahead of year-end
Lorna Blaisse, Chief Executive Officer, commented:
'I am pleased to announce that we are approaching the commencement of production at the Galactica project in partnership with Blue Star. This achievement marks a significant milestone for both the Joint Venture and our respective organisations. I would like to commend the commitment of the onsite teams, whose efforts have ensured we remain on track to deliver first gas before year-end. We very much look forward to entering the next phase as a producer.'
Source: Helium One Global
