Helios Energy Ltd · ASX:HE8
Helios Energy — Investor Presentation (July 2021)
27 slides from Helios Energy's investor presentation, Jul 19, 2021
Slide 1: Presidio Oil Project, Presidio County, Texas, USA
19 July 2021 For personal use only HELIOS ENERGY LIMITED PRESIDIO OIL PROJECT Presidio County, Texas, USA HELIOS ENERGY LIMITED ASX Code: HE81
Slide 2: Disclaimer
DISCLAIMER For personal use only This document is for information purposes only. It is not a prospectus, disclosure document or offering document under Australian law or under any other law and does not constitute an offer or invitation to apply for subscription or sale in the United States of Ameri
Slide 3: Capital Structure
CAPITAL STRUCTURE For personal use only Shares 1,651,104,002 Listed Options A 920,188,606 Performance Rights B 240,000,000 Cash (at 19 July 2021) $9,000,000 Market Cap at 15 cents $247,665,600 Gross Acres of Leases C 85,685 acres Note A: Each listed option has an exercise price of 2 cents and expire
Slide 4: Location – Texas, USA
LOCATION – TEXAS, USA For personal use only Dallas Texas Presidio Houston HELIOS ENERGY LIMITED 4
Slide 5: Presidio County, Texas, USA
PRESIDIO COUNTY, TEXAS, USA For personal use only Presidio Oil Project HELIOS ENERGY LIMITED 5
Slide 6: Permian Basin – Supply Source
PERMIAN BASIN – SUPPLY SOURCE For personal use only Midland El Paso San Antonio Presidio Project 85,685 gross acres El Paso 3 hrs Houston 9 hrs Fort Stockton 2 hrs San Antonio 6 hrs Midland/Odessa 4 hrs Abilene 5 hrs HELIOS ENERGY LIMITED 6
Slide 7: Stratigraphy
STRATIGRAPHY For personal use only Gulf Coast Presidio Oil Project Subsurface Series Division or Group San Carlos Primary Objective Sandstone Reservoir (Olmos) Austin Austin Chalk age Primary Objective equivalent formation Oil Shale Play Cretaceous (called the Ojinaga) Gulf Primary Objective Upper E
Slide 8: Oil Discovery - Ojinaga
OIL DISCOVERY - OJINAGA For personal use only Oil Discovery - Presidio Oil Project (onshore Texas, USA) ■ Helios is an oil and gas company solely focussed on onshore Texas, USA ■ Drilled 3 wells: Quinn Creek 141#1, Presidio 141#2 and Quinn Mesa 113 ■ New Oil Discovery in the Ojinaga Shale Formation
Slide 9: Ojinaga Formation
OJINAGA FORMATION For personal use only Oil Discovery - Ojinaga Formation - Quinn Creek 141#1 ■ Logs indicate that the lower bench of the Ojinaga Formation in the Quinn Creek 141#1 well is highly naturally fractured ■ The lower bench of the Ojinaga Formation in the Quinn Creek 141#1 well is approxim
Slide 10: Third Well – Presidio 141#2
THIRD WELL – PRESIDIO 141#2 For personal use only Third Well – Presidio 141#2 – 1,400 Feet Horizontal Frack ■ Presidio 141#2 is the third well in the Presidio Oil Project. The 1,400 feet horizontal portion of the Presidio 141#2 well was drilled to the west towards the Quinn Creek 141#1 discovery wel
Slide 11: Presidio 141#2 Well - Frack Job
PRESIDIO 141#2 WELL - FRACK JOB For personal use only HELIOS ENERGY LIMITED 11
Slide 12: Presidio 141#2 Well – Testing
PRESIDIO 141#2 WELL – TESTING For personal use only Presidio141#2 – Testing ▪ Pressure build up testing of the Presidio 141#2 well continued during the past quarter. ▪ After the pressure build up testing is fully completed, the Presidio 141#2 well will be returned to oil and gas production by natura
Slide 13: Porosity and Permeability
POROSITY AND PERMEABILITY For personal use only Porosity and Permeability ■ Based on previous petrophysical analysis, the lower bench of the Ojinaga Shale Formation has porosity predominately ranging between 4% to 12.5% and permeability up to 0.75 µd (micro darcys). The porosity of sidewall cores ta
Slide 14: New Oil Discovery
NEW OIL DISCOVERY For personal use only Ojinaga Formation - Quinn Creek 141#1 and Presidio 141#2 Wells 141-1 141-2 ■ The lower bench of the Ojinaga Formation is predominantly black shale Fracture Indications Lower with micro laminations of siltstone and Bench fine carbonates. It is more than 300 fee
Slide 15: New Oil Discovery
NEW OIL DISCOVERY For personal use only Ojinaga Formation - Quinn Creek 141#1 and Presidio 141#2 Wells ■ Petrophysical analysis indicates a continuous pay zone in the lower bench of the Ojinaga Formation with 4% to 12.5% porosity and up to 0.06 md (millidarcies) or 60 µd (microdarcies) of permeabili
Slide 16: Seismic
SEISMIC For personal use only 90 Miles of Seismic ■ Prior to December 2018, Helios shot, processed and interpreted a total of 17 miles of 2D seismic and 2 square miles of 3D seismic across the Presidio Oil Project. The 3D seismic was acquired over 2 square miles which covers all 3 well locations. ■
Slide 17: Seismic – Mapping
SEISMIC – MAPPING For personal use only Ojinaga Formation – Geophysics ■ The lower bench of the Ojinaga Formation shows easily on both 2D & 3D seismic and is easily mapped HELIOS ENERGY LIMITED 17
Slide 18: Large Lease Holding
LARGE LEASE HOLDING For personal use only 85,685 Gross Acres ■ Ojinaga Formation play area is now very large: 300,000 acres in size ■ Upon the completion of the third well in the Presidio Oil Project, being the Presidio 141#2 well, Helios will have a 70%WI in a total of 85,685 gross acres (59,980 ne
Slide 19: Gravity and Magnetic Data
GRAVITY AND MAGNETIC DATA For personal use only Gravity and Magnetic Data ■ Helios has acquired gravity and magnetic data over the entire Presidio Oil Project. Interpretation of that data was then compared with the entire seismic programme, along with data from the 3 new wells and the existing old w
Slide 20: Quinn Creek 141#1 Well – Frack Job
QUINN CREEK 141#1 WELL – FRACK JOB For personal use only HELIOS ENERGY LIMITED ASX Code: HE8 20
Slide 21: Quinn Creek 141#1 Well
QUINN CREEK 141#1 WELL For personal use only Valley floor runs north-south Picture taken looking north-east HELIOS ENERGY LIMITED 21
Slide 22: Infrastructure
INFRASTRUCTURE For personal use only Excellent Infrastructure - West Texas, USA ■ Access to the 3 wells is provided by a 25 mile unsealed, formed road constructed by Helios that branches off the sealed US-90 highway which carries heavy truck and passenger vehicle traffic ■ The 3 wells have access to
Slide 23: Experienced Oil People
EXPERIENCED OIL PEOPLE For personal use only Helios has an office in Houston, Texas and a strong and experienced team of oil people with extensive and successful experience in the oil business in Texas, USA. Richard He ■ Richard He is the Managing Director of Helios. He is based at the Company’s Hou
Slide 24: Experienced Oil People
EXPERIENCED OIL PEOPLE For personal use only Helios has an office in Houston, Texas and a strong and experienced team of oil people with extensive and successful experience in the oil business in Texas, USA. ■ Born in Sydney. Neville Henry ■ Geologist based in Houston, Texas for 31 years ■ 48 years
Slide 25: Experienced Oil People
EXPERIENCED OIL PEOPLE For personal use only Helios has a strong and experienced team of oil people with extensive and successful experience in the oil business in Texas, USA. ■ Non-executive director of Helios Robert ■ 25 years of senior management experience in oil and gas exploration, Bearden dev
Slide 26: Experienced Oil People
EXPERIENCED OIL PEOPLE For personal use only Helios has a strong and experienced team of oil people with extensive and successful experience in the oil business in Texas, USA. Hui Ye ■ Chairman of Helios ■ Largest shareholder of Helios (473,998,197 shares)(28.7% shareholding) ■ Chairman and Presiden
Slide 27: Contact Us
For personal use only CONTACT US Australian Office Level 3, 18 Richardson Street West Perth WA 6005 Australia Tel +61 1300 291 195 USA Office 3 Riverway, 17th Floor Suite 1750, Houston Texas USA 77056 Tel +1 713 333 3613 Richard He: +1 713 839 5258 HELIOS ENERGY LIMITED 27