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Helix Exploration Plc ( (GB:HEX) ) has provided an announcement.
Helix Exploration PLC has announced the appointment of Keith Spickelmier as the new Non-Executive Chairman, replacing David Minchin. Spickelmier, an experienced energy executive, is expected to guide the company through its next growth phases, leveraging his extensive background in founding and scaling energy ventures. This leadership change comes as Helix is in a strong position with production wells drilled and plant construction underway, signaling a shift towards production and positive cash flow.
More about Helix Exploration Plc
Helix Exploration PLC is a helium exploration and development company focused on the ‘Montana Helium Fairway’. The company aims to leverage existing infrastructure and low-cost processing at its Rudyard Project in northern Montana to target first gas production in 2025. With four production wells and the potential for significant revenue generation, Helix is committed to strategic resource development and transparent communication with investors.
Average Trading Volume: 1,971,848
Technical Sentiment Signal: Strong Buy
For detailed information about HEX stock, go to TipRanks’ Stock Analysis page.