Helios has to date 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 Company’s 3D seismic programme was acquired over 2 square miles covering the Quinn Creek 141 well and the Quinn Mesa 113 well and the area in between the 2 wells. Recent geological surface fieldwork has supported the current seismic interpretation and confirmed that an extensive area of Ojinaga Shale Formation and Eagle Ford Shale Formation are present throughout Helios’ leases
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