Helios discovers new oil at Quinn Creek

STAGE one fraccing of the Quinn Creek 141 well revealed encouraging results for Helios Energy’s Presidio Oil project in Texas, with a new oil discovery in the Ojinaga formation.

Helios discovers new oil at Quinn Creek Helios discovers new oil at Quinn Creek Helios discovers new oil at Quinn Creek Helios discovers new oil at Quinn Creek Helios discovers new oil at Quinn Creek

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