Helix Exploration Share Discussion Threads

[tidy 2] 24/10/2024 08:06

He1 had helium shows 20x above background. Hex has shows under very high pressure of 50x and 130x above background. High pressures pushing 11 pound drilling muds back up the well bore.

[hooded claw] 24/10/2024 08:03

cyber, due to the shale issue I would say the chance of a commercial find at Clink 1 is higher.

[tidy 2] 24/10/2024 07:54

Before they drilled they expected Helium so the Hydrogen below the flathead was a bonus recording 10-11 pc when diluted in the drilling muds and it was bubbling to surface through the muds. Bo said he's never seen anything like it during his career. The odds of success have increased somewhat.

[cyberbub] 24/10/2024 07:49

That would be nice but I'm not counting my chickens, have taken a hit on a couple of shares recently and feeling bruised...

[jungmana] 24/10/2024 07:46

100p Xmas party coming, touch wood

[cyberbub] 24/10/2024 07:39

I would think the chance of a commercial find here now must be at least 50-60%, and at Rudyard 80%+ ? Just my feeling from what people are saying.

[tidy 2] 24/10/2024 07:28

And Rudyard starts this month which had a greater COS than Ingomar.

[hooded claw] 24/10/2024 07:19

Now the market is FINALLY starting to understand what HEX have in Clink 1

[tidy 2] 24/10/2024 07:17

Just can't bet against them.

[tidy 2] 24/10/2024 07:16

Bo new to AIM with his assets and smashing it.

[hooded claw] 24/10/2024 06:48

tidy ... the more that comes out about Clink 1 the better and better it looks :)

[tidy 2] 24/10/2024 06:47

Whilst drilling we were getting incredible kicks and flows with 11lb muds so we have a lot of over powered pressured reservoirs in this thing ....Helium and hydrogen

[hooded claw] 24/10/2024 06:42

Yup added to up top :)

[tidy 2] 24/10/2024 06:35

New interviewhTTps://youtu.be/w5T3gMkR8lU?si=LhBzXcu9Oh_gItp7

[jamboexpress] 24/10/2024 06:26

All systems go

[tidy 2] 24/10/2024 06:15

RNS "With Clink #1 cased and target reservoirs safely behind pipe, we are delighted to be moving on to the testing phase of the operation. The initial findings in the Amsden, Charles, and Flathead formations look very encouraging, and I am optimistic about the potential that these formations hold. We look forward to updating the market with first gas to surface."

[tidy 2] 23/10/2024 20:31

Yes they filled the gap. Check out the late prints from yesterday. Also the chart has a bullish inverse head and shoulders to play out which if it does opens up a climb to 39p. News can override this of course.

[hooded claw] 23/10/2024 15:43

Nice jump to easily finish on the high of the day and I have a feeling of more tomorrow. I am NOT a chartist but it did seem to dip yesterday to hit a gap and hopefully now onwards and upwards

[tidy 2] 23/10/2024 14:26

We know from previous RNS that-The flathead started at 7410ft. The drill bit was still in gas at 8030ft with 10.3% natural hydrogen. The new drill allowed them to continue drilling to identify the full extent of the gas zone. So the new rig continued drilling until they passed through the gas zone expecting to reach the Precambrian.They continued down from 8030ft in gas to 8550ft through a second sandstone. They could release more data on this before flows commence."Re-entry operations commenced on Clink #1 with an initial goal of placing the problematic Mowry shale formation behind pipe. The Mowry was successfully cased over the entire interval with 7-inch casing cemented to surface.Following successful re-entry to 8,030 ft and with the well in good condition, the Company deepened the Clink #1 to 8,550 ft to determine if the Precambrian could be reached. Precambrian rock was not found but a second thick Cambrian sandstone horizon was found at 8,290 ft all the way to total depth."All targets had Helium shows, with levels of 50x to 130x above background in the Amsden and Charles formations.

[hooded claw] 22/10/2024 19:20

The market didn't do much last time as they were about to run the wireline when they had the shale issue. The presentation gave people an idea of what might be there but it is all guesswork without the wireline test.

[lord loads of lolly] 22/10/2024 17:51

I’ve been surprised at the relative lack of movement (up or down) with Hex.

Sure, it fell a few pence when the shale issue was first announced. And it rose a few pence when they revealed this problem had been solved. But both times, by less than I’d expected.

I guess we’re still in nomansland. Some obstacles have been overcome, but we still don’t know for certain what the next week or so will bring news-wise. That uncertainty, coupled with global market volatility right now (what with the Middle East, Ukraine & the US Presidential election) are probably what’s behind the current muted response to Hex.

That said, if commerciality becomes reality, I very much doubt we’ll remain in the 20p zone. Equally, if the news is bad or qualified, the mid teens at best might well beckon.

[cyberbub] 22/10/2024 15:17

Bit surprised to see such a big pullback?

[tidy 2] 22/10/2024 09:46

First flowsFirst flows will come from the deep Hydrogen layers. Cant wait for these.The payzone must be a few hundred feet.The first rig maxed out still in gas at 8050ft. This was extended and a second sandstone was reached at 8260ft and continued down to 8550ft. How much of this was in gas.So interesting knowing the concentration figures are pretty huge already and the Hydrogen was bubbling to surface through the drilling muds which Bo states gives diluted figures.Let's see if "The world is ours"

[tidy 2] 22/10/2024 08:58

Super efficient CEO well connected and professional outfit. Other Aim companies would have milked this opportunity to feed the bucket shops with cheap stock Not no nonsense Bo.