Helios Energy Ltd traded at 0.09 this Tuesday March 21st, decreasing 0 or 0 percent since the previous trading session. Looking back, over the last four weeks, Helios Energy Ltd lost 2.22 percent. Over the last 12 months, its price fell by 16.36 percent. Looking ahead, we forecast Helios Energy Ltd to be priced at 0.09 by the end of this quarter and at 0.08 in one year, according to Trading Economics global macro models projections and analysts expectations.

Stock Price
0.09
Daily Change
0%
Yearly
-16.36%

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Helios Energy Ltd
Helios Energy Ltd is an Australia-based oil and gas exploration company focused on developing Presidio Oil project. The Presidio Oil project is located 250 miles (or 5 hours by truck) from Midland, Texas which is the epicenter of the Permian Basin oil industry. All rigs, supplies and services required for the Presidio Oil Project are sourced from Midland, Texas. Oil production in the Permian Basin is nearing 3,200,000 barrels of oil per day. The Presidio Oil project has drilled two vertical wildcat wells into the Presidio Oil project: Quinn Creek 141 and Quinn Mesa 113 (2 miles apart). Through its wholly owned subsidiary, Helios Energy China Ltd, the Company has entered into a boil-off gas (BOG) helium extraction joint venture with Chinese domestic liquefied natural gas (LNG) company, Shanxi Wanshengyuan Natural Gas Co. Ltd (Wanshengyuan), located in Shanxi, China.