Noble Helium: There’s going to be plenty of helium available over the next decade

Justyn Wood, CEO of Noble Helium, on Friday (July 4) told gasworld TV there is going to be plenty of helium available over the next decade, and the demand is only going up.

Speaking on the Helium: A Year of Change webinar, Wood discussed Noble Helium’s helium explorations in the Rift Basins of Tanzania, which the company believes to be the best untested helium play on the planet. 

“Global Helium formed four years ago, we have very significant landholding or acreage holding in the Rift Basins of Tanzania. We believe, and we’ve scoured the world to understand, that this is a truly unique geology, and we think that this could be one of the world’s best untested helium generation systems,” Wood explained when in conversation with gasworld TV.

“We’ve put a team together. We’ve got a global team anchored by some pretty high-profile investor, and we are in the process of right now of raising capital to move forward with our drilling program in Tanzania. We’ve done our foundation exploration work, we know what we’re dealing with across the entire basin, and now we’re moving forward to hopefully drilling next year.”