REG - Helium One Global Ld - Production Facility Update at Galactica Project

Helium One GlobalAnnouncement

Mon 07:00

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RNS Number : 5175L  Helium One Global Ltd  15 December 2025

15 December 2025

 

Helium One Global Ltd

("Helium One" or the "Company")

 

Production Facility Update at Galactica Project

 

Helium One Global (AIM: HE1), the primary helium explorer in Tanzania with a
50% working interest in the Galactica-Pegasus helium development project
in Colorado, USA ("the Galactica Project"), provides an update following the
Blue Star Helium (ASX: BNL) ("Blue Star") 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."

 

 

Annual General Meeting

 

At the Company's Annual General Meeting being held later on this morning Lorna
Blaisse, the Company's Chief Executive Officer will provide a general update
to Shareholders and answer relevant questions.  The presentation discussed
will be made available on the Company's website shortly after the event for
those who cannot attend.

 

Shareholders that wish to attend the online AGM should register for the event
in advance by using the following link:

https://www.investormeetcompany.com/helium-one-global-ltd/register-investor

 

 

For further information please visit the Company's
website: www.helium-one.com (http://www.helium-one.com/)

 

 

 Helium One Global Ltd                                         +44 20 7920 3150
 Lorna Blaisse, CEO

 Graham Jacobs, Finance and Commercial Director

 Panmure Liberum Limited (Nominated Adviser and Joint Broker)  +44 20 3100 2000

 Scott Mathieson

 Phoebe Bunce

 Zeus Capital Limited (Joint Broker)                           +44 20 3829 5000

 Simon Johnson

 Louisa Waddell

 Tavistock (Financial PR)                                      +44 20 7920 3150

 Nick Elwes

 Saskia Sizen

Notes to Editors

Helium One Global, the primary helium explorer in Tanzania with a 50% working
interest in the Galactica-Pegasus helium development project in Colorado,
USA. The Company holds helium licenses within two distinct helium project
areas, across two continents. With an expanding global footprint, the Company
has the potential to become a strategic player in resolving a
supply-constrained helium market.

 

The Company's flagship southern Rukwa Project is located within the
southern Rukwa Rift Basin in south-west Tanzania.  This project entering a
full appraisal and development stage following the success of the 2023/24
exploration drilling campaign, which proved a helium discovery at Itumbula
West-1 and, following an extended well test ("EWT"), successfully flowed 5.5%
helium continually to surface in Q3 2024.

 

Following the success of the EWT, the Company filed a Mining Licence ("ML")
application with the Tanzania Mining Commission in September 2024 and the
480km(2) ML was formally awarded to the Company in July 2025.

 

The Company also owns a 50% working interest in the Galactica-Pegasus helium
development project in Las Animas County, Colorado, USA. This project is
operated by Blue Star Helium Ltd (ASX: BNL) and has successfully completed a
six well development drilling campaign in H1 2025. The completion of the
development programme is a key component of the broader Galactica-Pegasus
development strategy; aimed at progressing the helium and CO(2) discoveries
to near-term commercial production.

This programme has seen a systematic approach to developing the extensive
Lyons Formation reservoir. The programme has delivered encouraging results, in
line with expectations, consistently encountering good helium (up to 3.3% He)
and CO(2) concentrations in the target formation and demonstrating promising
flow potential. The next steps will see the Galactica wells tied into initial
production in Q4 2025.

 

 

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