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Helios Energy Validates 21.7 MMBOE at Presidio, Raises $4.3M to Accelerate Growth
5:09am on Monday 2nd of June, 2025 AEST
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Energy
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Helios Energy Validates 21.7 MMBOE at Presidio, Raises $4.3M to Accelerate Growth
5:09am on Monday 2nd of June, 2025 AEST
Key Points
Independent report confirms 13.3–21.7 MMBOE net contingent resources in Lower Ojinaga Formation
Engagement of W.D. Von Gonten Engineering to lead advanced technical work
Key board and management appointments including John Cathcart, Paul Fudge, and Edward May
Raised $0.7 million via convertible notes and $3.6 million through placement and entitlement offer
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