Global Helium Atlas Licence
- Noble Helium executes exclusive licence for Global Helium Atlas, for up to five years.
- Global database constructed by world’s leading helium geoscientists, Dr. Jon Gluyas of Durham University, UK, and Dr. Chris Ballentine of Oxford University, UK.
- Underpins Noble Helium’s strategy to build a diversified, high-impact global helium portfolio, including Tanzania.
Noble Helium Limited (ASX:NHE) (“Noble Helium”, “NHE” or “the Company”) is pleased to announce that the Company has now executed the agreement, as outlined in its IPO Prospectus, that provides Noble Helium with exclusive access to the world’s first and only Global Atlas of Helium Occurrences and Exploration Play Fairway Analysis (“Atlas”), constructed by two of the world’s leading helium geoscientists, Professor Jon Gluyas of Durham University, UK and Professor Chris Ballentine of Oxford University, UK.
The Atlas is a unique and difficult to reproduce resource that provides NHE with significant competitive advantage to allow it to find and secure additional high potential helium opportunities. Significantly, the licencing agreement provides for ongoing technical support from Professors Gluyas and Ballentine, with their biographies summarised in Appendix 1.
Managing Director Justyn Wood commented:
“Having recently completed our IPO and listing on the ASX, I am pleased that we have been able to quickly begin executing the value-adding activities outlined in our Prospectus.
“Successfully closing our agreement with the world’s leading helium geoscientists for exclusive access to their global helium database underpins and accelerates Noble Helium’s plans to build a globally significant helium portfolio. This is a key step in securing supply for this highvalue, in-demand, critical industrial gas with its fragile and increasingly challenged global supply chain.
“We look forward to leveraging the Atlas and our long-standing relationship with Jon and Chris to identify two further core areas later in 2022 and announcing additions to our helium portfolio in due course.”