Helix Exploration boosted by "extremely encouraging" initial data from Inez-1 well

  • HeLIX Exploration PLC (AIM:HEX, OTCQB:HHEXF) has reported positive results from wireline logging at its Inez-1 well in the Rudyard Field, ahead of more detailed testing next month. The company announced that logging and casing operations were, after the well encountered 140 ft of reservoir, in the Souris and Red River formations.