Helix Exploration plc (HEX) ORD GBP0.01
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Business summary
Helix Exploration PLC is a United Kingdom-based helium exploration company focused on the exploration and development of helium deposits within the Montana Helium Fairway. The Company operates Ingomar Dome Project and Rudyard Project. The Ingomar Dome Project is located on the upthrown side of the deep-seated Sumatra Thrust, which acts as a conduit for helium migration. The Company's assets comprise of 52 leases over the Ingomar Dome Project, which covers a large closure of 16,512 acres. Its Rudyard Project operates 100% working interest in 5,600 acres in Hill County, Montana. The Rudyard Project consists of three stacked reservoir horizons within two co-joined domed anticlinal structures underlain by the Great Fall Tectonic Zone, a major structural zone which acts as the migration pathway for helium released from ancient continental crust. Two wells in a 640-acre section on the northern anticline and adjacent to the Rudyard Project are tested favorably for helium grade.
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Important dates
General stock information
- EPIC:
- HEX
- ISIN:
- GB00BPK66X70
- Market cap:
- £21.32 million
- Shares in issue:
- 123.57 million
- Sector:
- No specific Industry
- Exchange:
- London Stock Exchange
- Currency:
- Sterling pence
- Indices:
- n/a
Key personnel
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