Noble Says UK-Based Drilling Contractor Removes Rig From Tanzania Project; Shares Fall 7%

MT Newswires Live

2025/05/26

Noble Helium (ASX:NHE) said PR Marriott Drilling has started removing the idle Marriott rig from Tanzania at no cost to the company, according to a Monday filing with the Australian bourse.

The removal operation is scheduled for completion by the end of this week, the filing said.

A BorExpert rig is on standby and ready for deployment in the upcoming drilling phase, the filing added.

Shares of the company fell 7% in recent Monday trade.

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