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Helios Energy Secures Funding for Texan Oil Project
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Helios Energy Secures Funding for Texan Oil Project

Helios Energy Ltd (AU:HE8) has released an update.

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Helios Energy Ltd has secured $150,000 in short-term funding to complete a resource report for its Presidio Oil and Gas Project in Texas, showcasing the potential of its Texan assets. This funding, supported by company directors and Gleneagle Securities, complements an undrawn $500,000 facility, positioning the company to achieve significant milestones. Helios’s commitment to developing the Presidio project aims to benefit shareholders and strengthen its market position.

For further insights into AU:HE8 stock, check out TipRanks’ Stock Analysis page.

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