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Helios Energy Advances Texas Oil Project with Production and Convertible Note Raise
8:08pm on Thursday 30th of April, 2026 AEST
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Energy
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Helios Energy Advances Texas Oil Project with Production and Convertible Note Raise
8:08pm on Thursday 30th of April, 2026 AEST
Key Points
Ongoing production from Presidio wells with second oil sales expected
Refurbished processing facilities support restart operations
Raised $300k through unsecured, interest-free convertible notes
Maintains disciplined capital approach with $65k cash and $500k credit facility
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Helios Energy (ASX:HE8)
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