Noble Helium is proud to be an inaugural supporter of Terra Carta, The Prince of Wales’ visionary charter challenging businesses to put nature, people and the planet at the heart of global value creation over the next decade, in a move backed by scores of major high profile corporations.


Our Mission

To build and operate a multi-national, primary product, helium resource business delivering first helium in 2025 and achieving ultimate sustainable capacity of 1 Bcf/year.
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Noble Helium

Everything About Helium is changing

From shortage (2006/7) to balance, shortage (2011-2013) to surplus, and shortage (2018-2021) that’s been the story of the helium business over the last decade, and potentially for the year ahead too.

So, you might ask, what’s behind the title of this page? Well, while Helium shortage 3.0 was predicted to continue until at least 2021, Covid19, has slowed demand, wiping out a continuation of those shortages. Due to the closure of the US BLM reserve, (completes 2021) This has encouraged exploration for helium especially in North America, which until now was never considered as it sometimes pops up in a few LNG projects as a by-product.

The pendulum of helium demand is shifting geographically, with the Asia-Pacific region now leading the world in its demand for this unique gas. New applications are continuing to emerge whist critical industries such as Medical, Semi-Conductor, Fibre Optic Cable, Space and Defence are all critically dependent on helium as an enabler in production.

Geographic sourcing is shifting: Qatar already 32% is soon to be joined by Russia who have the potential to grow their new helium supply to 40%. These two jurisdictions would dominate global helium supply with a combined 72% of helium demand. There are now up to 20 new helium explorations, the great majority are in North America and they’re unlikely to find any significant volumes. Our independent certification of a mid-case 101Bcf Prospective Resource in the first 4 of our licenced basins, gives us the potential to become a Tier One project at proof in 2022 and one of the largest helium resources in the world.

Noble Helium

The Current Helium Market

Helium is a global, US$6 billion industry and one of the world’s rarest gases, essential to almost all modern and future technologies that simply cannot run or be produced without helium. Semiconductor chip manufacturing is exploding already consuming 14% of all helium production and forecast to grow to 30%.

MRI machines/cryogenics already consume 30%; Welding 17%. NASA and commercial rockets cannot launch without helium. Space exploration is expected to grow 10 fold to a US$3 trillion industry over the next 30 years (Bank of America Merrill Lynch).

Our smart phones, smart TVs, computers and the coming automated vehicle revolution are a few examples of why helium is so critical to us all. None of the above would be possible without this amazing rare gas.

Noble Helium

Increasing Global Demand

Demand continues to grow as new 21st Century technologies drive helium use.

Near-Term: Enabled by cheap access to space, internet reach to grow from 47% to 97% of the global population by 2024 through deployment of global broadband satellite constellations. Up to 12,000 low-earth orbit nano-satellites will be launched from 2019; this could double current internet revenues, sales of phones, computers and all other products containing microprocessors.

Longer-Term: One of the many new technologies is within reach of solving some of the biggest problems facing our planet – Fusion Power. First Plasma at ITER in 2025. If proven, global roll out from 2035 will replace fossil fuel burning power plants over the balance of the century. This will require a 4 fold increase in helium supply. Only helium can cool the reactor magnets that contain the 150 million degrees Celsius—10 times hotter than the core of the sun. Fusion would be lost for years, perhaps forever, unless a new major source of this rare gas is developed Already, this project involving 35 countries has invested $US20 billion.

Noble Helium

Future Supply Concerns

95% of the world’s helium is sourced as a fixed-rate by-product from a small number of natural gas plants.

However the global helium supply chain has become something of a tinderbox, ready to ignite. Supply risks for this technologically vital element are mounting dramatically, as supply moves away from nearly 100 years of stable sourcing from the USA. This is significantly reducing security of supply, which will become concentrated in an oligopoly comprising Qatar, Russia and Algeria by 2027; this is a critical issue for this rare, essential industrial gas.

Prices have doubled in the last 10 years; Helium is now worth 40 times LNG.

Noble Helium

Our Role in a Carbon Free Earth

Toward Net Zero Carbon 2050

Nuclear Fusion is no longer a dream, it is the ultimate answer to a clean green planet earth. Helium is critical in its operation and global roll out to replace all fossil fuel energy plants on earth. This would create a potential 400% increase in helium demand. Current sources would fail to meet this growth. New primary sources must be found and ready. Noble Helium is poised to prove up a new global scale primary helium resource by 2023 that will ensure that this amazing future advance is secure in its need for helium. We urge you to take the time to watch this video explanation of why this will be mans greatest advance in clean energy production.

“This is not just new tech, it is The Tech”
Bernard Bigot, Director General of ITER

Noble Helium

A New Approach to Helium Gas Exploration

The 100 year old method of extracting helium from natural gas wells containing tiny concentrations of helium – 0.3% to 0.5% – has served us well but is limited and it will not be enough to sustain growth in demand beyond 2030.

In the areas we have locked up in Tanzania we expect to find very large volumes. Already we have seeps of up to 18% at surface; this is almost 40 times the normal concentrations in the small number of natural gas fields that currently provide most of the world’s helium. The geology here has never been tested but is near-ideal for the large independent helium reserves needed to secure world supply.

We have already seen independent certification of helium resource estimates for the area (Certified Prospective Resources or CPRs) of 98Bcf, which if proven would represent 3 times the US BLM reserve at peak capacity or 20 years supply based on current global market demand.

Noble Helium

Now is the time

We must start now to bring into play a global-scale, new generation, pure-play reserve, making helium the primary source product. It must be totally independent of natural gas. If not, the world will face increasing shortages and the potential loss of vital new technologies and all that they offer the world, in this century and beyond.

Noble Helium

The scientists agree

Thanks to the independent work of two of the world’s leading helium scientists (at Oxford and Durham Universities, UK), who took the initiative to search for alternative helium sources in 2015.

Noble Helium has secured 6115 km2 of what promises to be the most likely place in the world for a global-scale helium reserve, no longer an opportunistic by-product of natural gas.

This area could contain up to 100+ years supply.
Tanzania is where Noble Helium is one of two international developers

Noble Helium

Latest news

See the latest Noble Helium’s news here

Help for helium users is on the way

24 Nov 2019

Given the geopolitical risks, it’s not a good idea to depend on Qatar, Algeria, and Russia as a source of helium.

View more

Helium supply reliability comes at a price

01 Nov 2019

“Helium supply has fluctuated from a slight surplus when the large Qatar 2 production came fully onstream in 2014…”

By Maura D. Garvey

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Noble Helium

Corporate Team

Founder, Executive Chairman

Founder, Chief Executive Officer

Public Officer

Noble Helium


Country Representative Tanzania

Noble Helium

Global Advisory Team

President and Chief Executive Officer (CEO) Albemarle Corporation (NYSE)

Founder and Principal Lanstrom Advisors Hainan China

President, Kornbluth Helium Consulting New Jersey USA

Head, School of Earth and Environmental Sciences, Jame Cook University Australia

Noble Helium

Global Search Team

Executive Director Durham Energy
Institute Durham University UK

Chair of Geochemistry Oxford University UK

If you want the full story on why this is the biggest investment opportunity in 100 years of gas exploration.

Just contact us to arrange a time to meet. Our presentation is 45 minutes.

Executive Chairman – Walter Jennings


M: +61 (0)412 727 350

Contact Us

Noble Helium Pty Ltd
Level 1, 67 Lytton Road
East Brisbane QLD 4169 Australia

Chief Executive Officer – Justyn Wood
M: +61 (0)410 626 261

Walter Jennings

Executive Chairman

Walter provides the vision behind Noble Helium. He is a start-up specialist with an enviable track record with 4 of the world’s largest multinational companies and later in his own successful business start-ups.

In a stellar career spanning 4 decades, Walter spent the first half in senior roles working for American multinationals and the balance in his own successful contrarian start-up ventures.

In his corporate career, he was part of history as a major Australian industry disruptor with four of the world’s largest marketers. As part of a team, he was integral in growing one market segment from $10 million pa to $8 billion pa and capturing 80% of that market in the process.

Walter later reconstructed an entire 250-person national sales and marketing team across 6 divisions in just 9 months for a major industry. He reduced operating costs from 12%pa to just 3%pa, whilst increasing sales revenues by 14% in the first full year.

He pioneered two significant start-up ventures, one that has grown to a $20b market segment today. In the other, he raised $30m to develop and launch a unique service operation, employing 1,000 people that revolutionised the relationship between suppliers and retailers.

He has wide experience in corporate governance, board, chair and directorship roles.

M: +61 (0)412 727 350

Justyn Wood

Chief Executive Officer

A petroleum geophysicist and highly successful explorer, Justyn brings more than 25 years of E&P industry experience to Noble Helium.

Justyn has an outstanding track record of value creation with a global career in technical and managerial roles with majors and super-majors Chevron and Repsol and at juniors Hardman Resources and Jacka Resources Australia.

He has designed and executed numerous international frontier exploration projects and is recognised as having played key roles in unlocking the then frontier petroleum provinces of the East African Rift and the Guyana basins of NE South America.

As a proven contrarian opportunity finder and highly successful explorer, Justyn became aware of the importance of helium and the potential for a Tier-1 helium resource in the East African Rift System. Following extensive research, he has committed his full attention to applying his skills and experience in securing the global supply chain of this critical, high-value, rare and unique, technology-enabling gas.

Justyn holds a B.Sc App(Geophysics) from University of Queensland and a Grad Cert (App Fin & Inv) from Securities Institute of Australia and has completed director training at AICD.

Justyn is a member of SEG, AAPG and PESA.

M: +61 (0)410 626 261

Andrew Garnett

Public Officer

Prof Garnett currently leads the UQ research Centre for Coal Seam Gas (CBM), working closely with all the main CSG-LNG project proponents in Australia. The Centre aims to be a leading provider of a wide range of technical and social science research services in this unconventional sector.

Andrew is also a non-executive Director of National Energy Resources Australia, an Australian government industry growth initiative and an advisor and reviewer on natural gas for the IEA’s World Energy Outlook series.

A former Shell and Schlumberger executive, Andrew has over 25 years’ world-wide experience with oil majors in conventional and unconventional hydrocarbon exploration, appraisal and development projects.

Prior to joining the university, Andrew consulted widely on unconventional developments, most notably those with high GHG emissions footprints. A dual Australian-British citizen, he moved to Australia in 2007 and was director of a Schlumberger SPV (Carbon Store Australia Pty Ltd) and CEO and Project Director of ZeroGen Pty Ltd, a “clean coal” project.

He is now working with the Queensland Government, Petroleum and Gas Inspectorate on Well Construction Codes and Health and Safety and with Industry on Well Integrity Modelling.

Joseph Uisso

Country Representative Tanzania

Joseph is an accomplished and creative Executive Manager possessing multifaceted experience and proven ability to energize and communicate with the government, mining and resources sector of Government, ministerial and mid management levels, as well as communities effected by mining operations. He has 9 years of executive roles in the mining and resources sectors including over a year with our previous country representatives as their account manager responsible for Rocket Tanzania our Tanzanian subsidiary.

Joseph now joins us as our Country Representative working directly for our organisation. He is a results-oriented, decisive leader, adept at forging lucrative relationships with key partners, vendors and clients.

J Kent Masters

President and Chief Executive Officer (CEO) Albemarle Corporation (NYSE)

J Kent Masters is currently President and Chief Executive Officer (CEO) Albemarle Corporation (NYSE). He was the Chief Executive Officer of Foster Wheeler AG until the acquisition by Amec in 2015.

Prior to joining Foster Wheeler, Mr Masters was a member of the executive board of The Linde Group AG. In that position he had direct responsibility for the Linde businesses in the Americas, Africa, the South Pacific, central marketing, research and development and research and development and the global business unit Healthcare.

Prior to Linde, Mr Masters was an executive director of The BOC Group, plc and Chief Executive of BOC’s Industrial and Specialty Products business.

He received his Bachelors degree in Chemical Engineering from the Georgia Institute of Technology and a MBA in Finance from New York University.

Albert Stromquist

Founder and Principal Lanstrom Advisors Hainan China

A U.S. Citizen and geologist by training, Bert has over 40 years of global business experience E&P global business development, business strategy, design and launch of businesses start-ups, acquisitions and disposals and investment financing.

Among his many corporate achievements, Bert was a key contributor to Dolphin Energy transnational gas pipeline (Qatar-UAE) on behalf of Enron, from inception (Sept 1999) to completion of first seminal agreement in 2001.

As Sr. VP Strategy and Corporate Development at Mubadala Oil and Gas, a division of the Abu Dhabi sovereign wealth fund, responsibilities included planning/developing Mubadala’s E&P portfolio and executing M&A. Bert shaped strategic alliances/joint ventures with leading companies in the Middle East, North Africa and Asia.

His achievements at Mubadala include acquisition and transitional management of Pearl Energy creation and launch of:

  • Masdar (Abu Dhabi Future Energy Company)
  • Masdar Institute of Science and Technology in co-operation with MIT.
  • Mubadala Petroleum Services LLC.

Phil Kornbluth

President, Kornbluth Helium Consulting New Jersey USA

Phil Kornbluth is the founder and President of Kornbluth Helium Consulting, LLC, a helium-focused consultancy that advises clients on all commercial aspects of the Global Helium Business.

Phil is recognized as one of the world’s foremost commercial experts in the Global Helium Business. He has been employed by several leading industrial gas companies over the last 37 years, including The BOC Group, plc (BOC), the Matheson Gas subsidiary of Taiyo Nippon Sanso Corporation (TNSC) and Global Gases Group FZE, and has worked in various roles related to the Helium Business for the last 35 years.

While at both BOC and TNSC, Phil held executive positions that included general management and P&L responsibility for their global helium businesses. As VP, Global Helium at BOC, Phil led BOC’s Helium Business to a co-#1 worldwide position in the industry. Phil has been a frequent speaker on helium-related topics at industry conferences, has contributed to and authored numerous helium-related articles and has made important contributions to U.S. helium legislation passed in 1996 and 2013.

Prof. Eric Roberts

Head, School of Earth and Environmental Sciences, Jame Cook University Australia

Eric Roberts is an Associate Professor and the Head of Earth and Environmental Sciences at James Cook University in Townsville, Australia. He is a sedimentary geologist/stratigrapher interested in frontier Mesozoic–Cenozoic basins of Africa. He has spent the last 18 years investigating portions of the East African Rift System, with a particular focus on the Rukwa Rift Basin. He has also conducted basin studies throughout Australia, North America, and Asia. He specialises in facies and architectural element analysis, geochronology and sedimentary provenance.


Prof. Jon Gluyas

Executive Director Durum Energy Institute Durum University UK

Jon Gluyas is a geologist with 28 years’ experience in the petroleum industry and a further 10 years’ experience in academia. He is based at Durham University, UK. Since joining academia Jon has worked on CCS, geothermal energy, human induced seismicity and in particular on helium exploration. It was back in 1999 when Jon first recognised the potential for helium co-production with methane but it was not until he joined academia that he was able to team up with Chris Ballentine at Oxford University and together develop and test an exploration strategy for helium. That strategy was tested in 2015 with spectacular results. Work in the Tanzanian Rift Basin confirmed the presence of helium seeps with up to 10% helium, around 30 times more concentrated than the generally accepted commercially viable concentration of 0.3%.

In recent years Jon has also worked on near surface subsidence, inflation and seismicity caused by human activity; oil and gas operations, mining, water abstraction, water impoundment and other large scale fluid changes in the near subsurface.

Jon is a past president of the Petroleum Exploration Society of Great Britain, past chairman of the British Geological Survey and Earth Science Teachers association as well as a former member of the Geological Society’s ruling council.

Prof. Chris Ballentine

Chair of Geochemistry Oxford University UK

Chris Ballentine has over 30 years of experience in tracing the origin, migration and entrapment of helium and related crustal gases. He is the Chair of Geochemistry and the current Head of Department of Earth Sciences at the University of Oxford, UK. 

Chris has made fundamental contributions to geology, from planetary to local scales. He has developed new geochemical gas tracer techniques that identify geofluid origins and mixing, the physical processes operating on the fluids, the timing of process, and quantifying fluid and mass fluxes. His application of these to fluid migration in the crust has quantified and led to a new understanding of:

  • the role of groundwater in hydrocarbon migration and accumulation; helium resources;
  • biogenic gas production rates; the nature and origin of non-hydrocarbon gases in the crust;
  • and sub-surface carbon dioxide storage safety.

Industry research partners have included BP, Anadarko, Oxy, Exxon-Mobil, Total, Government agency partners include the US Geological Survey and the Canadian Nuclear Waste Authority. His work was recognised by the 2016 Eni Award, the most prestigious international award in the field. Other work has advanced our understanding of the origin of gases and volatile elements in the Earth’s mantle, the dynamic evolution of the deep Earth and the origin of the atmosphere, and provided a new understanding of how planets can support subsurface microbial life on planetary timescales.

Chris is the Past President of the European Association for Geochemistry, a Fellow of the UK Geological Society and of the AGU. He currently sits on the Board of Governors of AGU, a science society supporting an academic and industry community of some 65,000 members.

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