Noble Helium identified potential farm-in partners for its North Rukwa Helium Project

Noble Helium Limited (ASX: NHE) stated that it had identified some potential farm-in partners for its North Rukwa Helium Project in Tanzania after substantial interest from numerous parties in Phase 1 of the farm-out process. Mbelele-1 and Pegere1 are the company's first wells of its flagship North Rukwa Project, with a total un-risked mean recoverable helium volume of 16.5 billion cubic feet. Less than 10% of the independently verified, un-risked mean Potential Helium Resource of 176 billion cubic feet for the whole land position.

LAB Energy Advisors' competitive farm-out process aims to find a joint venture partner to participate in and fund the drilling and testing of the Mbelele-1 and Pegere-11 prospects.

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