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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Solo Oil Plc | LSE:SOLO | London | Ordinary Share | GB00BF1BK408 | ORD 0.20P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.85 | 1.80 | 1.90 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSCIR
RNS Number : 4009S
Scirocco Energy PLC
16 March 2021
16 March 2021
Scirocco Energy plc
("Scirocco" of "the Company")
Helium One Update
Commencement of Seismic Acquisition
Scirocco Energy (AIM: SCIR), notes the positive update provided by Helium One Limited ("Helium One") (AIM: HE1) this morning, announcing the commencement of seismic data acquisition with mobilisation of vibroseis trucks and geophones to its Rukwa Project (100%) in Tanzania.
Highlights
-- Mobilisation of data acquisition team, vibroseis trucks and geophones.
-- 150km of infill 2D seismic targeting multiple trapping styles.
-- Interpreted seismic data will define optimal well locations and reduce risk in drill targeting.
-- Final technical input prior to commencement of Helium One's maiden drilling campaign in 2nd quarter 2021
For further information:
Scirocco Energy plc Tom Reynolds, CEO +44 (0) 20 7466 Doug Rycroft, COO 5000 Strand Hanson Limited, Nominated Adviser +44 (0) 20 7409 James Spinney / Ritchie Balmer / Rory Murphy 3494 WH Ireland Limited, Broker +44 (0) 0207 220 Harry Ansell / Katy Mitchell 1666 Buchanan, Financial PR +44 (0) 20 7466 Ben Romney / Kelsey Traynor / James Husband 5000
Notes to Editors
Helium One is an independent specialist explorer focuses on delineating and developing significant helium assets in Tanzania. This company holds more than 4,500 square km of exclusive licences encompassing four project areas, the largest of which is Rukwa. Scirocco holds a 4.3% interest in Helium One.
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END
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(END) Dow Jones Newswires
March 16, 2021 13:17 ET (17:17 GMT)
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