Seismic Agreement with ChevronNovember 23rd, 2021
FiledNovember 23rd, 2021Helios Energy Ltd (ASX Codes: HE8, HE8OA) (Helios or Company) has concluded an agreement with oil major Chevron regarding the acquisition of new seismic in Presidio County over oil and gas acreage owned by Chevron in south-west Presidio County, Texas. Helios, at its cost, will undertake the works required to acquire the seismic and under the terms of the agreement the seismic data will be shared with Chevron. The agreement covers an area of 20 square miles (12,800 acres) in south-west Presidio County, Texas, USA.