Helios Energy Taps Texas Petroleum Engineering Consultancy for US Project; Shares Down 6%

MT Newswires Live

2025/01/13

Helios Energy (ASX:HE8) engaged petroleum engineering consultancy WD Von Gonten Engineering to provide advanced technical services for its Presidio project in Texas, according to a Monday filing with the Australian bourse.

WD Von Gonten will conduct advanced geological analysis, hydraulic fracture modeling, and technical evaluations to inform the company's development strategy, the filing said.

Helios Energy shares fell more than 6% in afternoon trade Monday.

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