Helios Energy Ltd traded at 0.01 this Monday February 2nd, decreasing 0.001 or 10.00 percent since the previous trading session. Looking back, over the last four weeks, Helios Energy lost 18.18 percent. Over the last 12 months, its price fell by 30.77 percent. Looking ahead, we forecast Helios Energy Ltd to be priced at 0.01 by the end of this quarter and at 0.01 in one year, according to Trading Economics global macro models projections and analysts expectations.
Helios Energy Ltd is an Australia-based oil and gas exploration company. The Company’s principal activity includes the exploration activities in Presidio Oil Project located in Presidio County, Texas, United States. The Company is organized into two segments, being oil and gas exploration in the USA and helium in China. The Presidio Oil & Gas Project is comprised of a large wet gas resource. The Company has a 70% working interest (WI) in a total of approximately 17,850 gross acres (12,495 net acres) and a 70% WI in the four wells drilled by Helios in the Presidio Oil & Gas Project, namely, Presidio 52#1, Presidio 141#2, Quinn Creek 141#1 and Quinn Mesa 113. It has drilled two vertical wildcat wells into the Presidio Oil Project: Quinn Creek 141 and Quinn Mesa 113 (two miles apart). The Company’s subsidiaries include Helios Energy USA, Ltd, Helios Operating, LLC, Helios Energy (China) Ltd and Helios Energy Holdings Ltd.