Curated News
By: NewsRamp Editorial Staff
April 16, 2024

Helix Exploration PLC Forms Strategic Partnership with Petroleum Consultants

TLDR

  • Strategic partnership with Petroleum Consultants will give Helix a competitive advantage in progressing its drilling campaign at the Ingomar Dome.
  • The partnership leverages Helix's local presence and Petroleum Consultants' expertise to ensure safe and successful delivery of the drilling campaign.
  • The collaboration aims to produce gas by the end of 2025, contributing to the world's energy resources and advancing sustainable energy production.
  • Helix Exploration PLC chairman discusses the critical role of the partnership and the next steps in the company’s appraisal well programme in a recent interview with Proactive's Stephen Gunnion.

Impact - Why it Matters

The strategic partnership between Helix Exploration PLC and Petroleum Consultants will play a critical role in advancing the drilling campaign at the Ingomar Dome. The expertise and experience of both companies are expected to ensure the safe and successful delivery of the upcoming drilling campaign, ultimately contributing to the production of gas by the end of 2025.

Summary

Helix Exploration PLC chairman David Minchin discusses a strategic partnership with Petroleum Consultants in an interview with Proactive's Stephen Gunnion. This collaboration is part of Helix's phase-one work programme, aimed at progressing its drilling campaign at the Ingomar Dome, slated for the third quarter of this year. Minchin highlighted the partnership's critical role in leveraging the firm's local presence in Billings, Montana, and its extensive network of contacts, which will enable rapid and cost-effective service delivery. The expertise of Petroleum Consultants, coupled with the experience of Helix CEO Bo Sears, who possesses nearly 25 years of experience in helium exploration, is expected to ensure the safe and successful delivery of the upcoming drilling campaign. Additionally, Minchin outlined the next steps in the company’s appraisal well programme, which includes signing binding contracts with service providers and initiating advanced engineering and construction with the goal of producing gas by the end of 2025.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Helix Exploration PLC Forms Strategic Partnership with Petroleum Consultants

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