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Helix Exploration PLC Announces Strategic Partnership for Helium Drilling Campaign

TL;DR

Strategic partnership with Petroleum Consultants will give Helix a competitive advantage in progressing its drilling campaign at the Ingomar Dome.

The partnership leverages Helix's local presence and Petroleum Consultants' expertise to ensure safe and successful delivery of the drilling campaign.

The collaboration aims to produce gas by the end of 2025, contributing to the world's energy resources and advancing sustainable energy production.

Helix Exploration PLC chairman discusses the critical role of the partnership and the next steps in the company’s appraisal well programme in a recent interview with Proactive's Stephen Gunnion.

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Helix Exploration PLC Announces Strategic Partnership for Helium Drilling Campaign

Helix Exploration PLC has taken a significant step forward in its helium exploration efforts by announcing a strategic partnership with Petroleum Consultants. This collaboration is set to play a crucial role in the company's upcoming drilling campaign at the Ingomar Dome, scheduled for the third quarter of this year. The partnership aims to harness the local expertise and extensive network of Petroleum Consultants, based in Billings, Montana, to ensure rapid and cost-effective service delivery for the drilling program.

David Minchin, chairman of Helix Exploration, emphasized the value of this partnership during a discussion with Proactive's Stephen Gunnion. Minchin pointed out that the combined expertise of Petroleum Consultants and the nearly 25 years of helium exploration experience of Helix CEO Bo Sears are expected to guarantee the safe and successful execution of the drilling campaign. This strategic move underscores Helix's commitment to leveraging local knowledge and experience to achieve its exploration and production objectives.

Looking ahead, Helix Exploration has outlined the next phases of its appraisal well program. These include finalizing binding contracts with service providers and commencing advanced engineering and construction activities. The company's goal is to begin gas production by the end of 2025. This partnership with Petroleum Consultants not only accelerates Helix's operational capabilities but also enhances its prospects for successful helium exploration and production at the Ingomar Dome.

For more information on Helix Exploration's initiatives, visit https://www.helixexploration.com. The collaboration with Petroleum Consultants represents a strategic alignment of resources and expertise, setting the stage for a promising drilling campaign and the potential expansion of helium production in the region.

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