WORLD

Helios discovers new oil at Quinn Creek

Good quality 39 degrees API gravity light in the Ojinaga formation

Paul Hunt

Helios will earn a 70% interest in the Presidio oil project following the successful drilling of the third well.

Helios completed the stage one frac of the vertical well to test oil shows and log indications to some 4744 and 4880 feet in the lower Ojinaga formation; the well flowed 260 barrels of oil and 1345...

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