HE8 0.00% 1.2¢ helios energy ltd

Ann: One Stage Frack of Quinn Creek 141, page-3

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  1. 82 Posts.
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    There has been movement at the station and it is good to see.
    HE8 needs to drill 3 wells and thus far has drilled only 2 but has an extension of time to drill the third.
    We must now wait 30 days for the results of Quinn Creek 141 then we wait for the decision on location etc and the spudding of the third well. I think drilling the 3rd well will take precedence over the testing of the Quinn Mesa 113 well - currently suspended. Is there any doubt that HE8 has the funds to drill the 3rd well ??
    Lots of waiting but 30 days from now lets hope it is worth the wait.
 
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