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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 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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