I will let @zerocents enlighten us with the above details to his above comments, but where helios is drilling is effectively an entirely new oil basin
What we have seen is another takeover in the making in the permian, priced at $100k an acre!
Seems to be a near weekly occurrence of late which only bodes well for helios going forward.
https://www.reuters.com/markets/dea...15-bln-permian-asset-sale-sources-2023-06-29/
I will let @zerocents enlighten us with the above details to his...
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