Past year: ▼ 82%(0.20c – 1.10c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
28 Aug 2026director officer appointment● Neutral
Non-executive director Mark Lochtenberg retired on 28 August 2026, after Philipp Kin left in July. The board is now Kenny, Cathcart and Vos. His final notice shows an indirect holding of 163,136,993 shares. No reason is given.
31 July 2026quarterly activities report▼ BadMajor
June 2026 quarter report: cash was A$1.729M. Philipp Kin's role as Managing Director ended and he resigned as a director on 3 July 2026. Helios began seeking farm-in partners for two conventional wells and one horizontal well. The $1.5M placement is also recorded.
20 May 2026capital raising announcement● NeutralMajor
Helios places 502.3M shares at $0.003 with Hong Kong-listed executive Hailin Jiang, raising $1,506,902 for working capital. A further 33.3M shares at $0.003 extinguish $100,000 of convertible notes. The price is well below the $0.007 raisings earlier in 2025, so existing holders are diluted.
16 Mar 2026half year report● Neutral
Half-year report to 31 December 2025 restates the Presidio position: 70% WI in 5,120 acres plus 100% in 2,118 acres, 7,238 acres in total. 640 acres of leases expired during the half. This is below the earlier 7,877.8-acre figure. Financials are not shown in the extract.
21 Nov 2025other● Neutral
Helios publishes its updated constitution as at 21 November 2025. The text shown is the table of contents and standard clauses, such as proportional takeover provisions. The extract does not show what changed. Administrative.
27 Oct 2025production update▲ GoodMajor
Helios completes its first oil sales from the Presidio restart: 153 net barrels from wells 141#1 and 141#2, sold locally, with over 500 barrels stored onsite earlier. It is the first revenue step; conversion to long-term producers continues.
30 Sept 2025annual report● Neutral
Annual report for year to 30 June 2025. The MD calls it a year of reset: resource validation, WDVG, a US team, and well restarts with oil recovered. Financial statements are not shown in the extract.
30 Sept 2025other● Neutral
Annual corporate governance statement and Appendix 4G, approved by the board on 30 September 2025, reporting compliance against the ASX governance principles. Administrative only.
10 Sept 2025other▲ GoodMajor
Helios announces a new strategy: an initial ~15,500-acre 'sweet spot' to be tested with 1-2 wells after restarting 141#1 and 141#2, plus at least five conventional oil prospects it plans to farm out. It claims over US$40M spent and ~140 mmboe (2C), a much larger figure than January's 13.3-21.7 MMBOE.
10 Sept 2025investor presentation● Neutral
Presentation repeats the 10 September strategy: a 15,500-acre sweet spot with over 7,000 acres secured, and 5+ conventional targets. It targets a first conventional farm-out in 2H25 with a spud within six months of that. No new results.
21 July 2025production update▲ GoodMajor
Restart work is under way at wells 141#1 and 141#2, with intermittent oil, gas and condensate production and about 500 barrels stored onsite. Helios appoints contract Texas-based COO, Chief Geologist and Chief Drilling Engineer. This follows the earlier plan to get the wells producing.
6 June 2025other● Neutral
The Managing Director's June letter sets priorities: bring the Presidio wells into production, keep overheads low, and pursue farm-in partners. A Texas site visit is planned for early second half 2025. Quarterly costs fell from A$901k (June 2023) to A$328k (March 2025). No new results.
30 May 2025listing compliance notice▼ Bad
Helios answers an ASX query over Appendix 3Y director interest notices lodged one day late on 15 May 2025. They covered directors' sub-underwriting shortfall shares issued 7 May. The company blames an administrative oversight and calls it an isolated incident.
9 May 2025other● Neutral
Helios changes its share registry from Computershare to Automic from 12 May 2025. Administrative only, with no effect on holdings.
16 Apr 2025other● Neutral
Managing Director's newsletter recaps the capital raisings, the January resource report, WDVG's work and new hires. It lists priorities: development plan, next drill program, permitting and getting wells producing. No new results or dates.
14 Apr 2025capital raising announcement● NeutralMajor
Entitlement offer closes with shareholder applications for 131.8M shares ($922,848). Underwriter Gleneagle takes the remaining 240.2M shares, so the full $2.6M is raised at $0.007 with 372M new shares issued 16 April. Only about 35% came from shareholders.
25 Mar 2025director officer appointment▲ Good
Paul Fudge, founder of Pangaea Resources and largest shareholder of Empire Energy (ASX:EEG), becomes commercial advisor to the board for 12 months. He is paid in Helios shares for hours worked. He advises on commercialisation, acquisitions and growth.
20 Mar 2025other● Neutral
Helios confirms the entitlement offer booklet was sent to eligible shareholders on 20 March 2025. The offer is open and closes 9 April 2025. Administrative only.
20 Mar 2025other● Neutral
Letter telling shareholders outside Australia and New Zealand they are ineligible for the entitlement offer and need do nothing. Administrative only.
20 Mar 2025other● Neutral
Letter to eligible shareholders and the offer booklet for the 1-for-7 entitlement offer at $0.007, raising about $2.6M, opening 21 March and closing 9 April 2025. It is managed and underwritten by Gleneagle. Terms repeat the 13 March announcement.
14 Mar 2025half year report● Neutral
Interim report to 31 December 2024 restates Presidio as the principal activity, with 70% WI in 4 wells and 7,877.8 gross acres. 340 acres of leases expired in the half. Financial figures are not shown in the extract.
13 Mar 2025capital raising announcement● NeutralMajor
Helios raises about $1M via a placement of 142.9M shares at $0.007, plus a fully underwritten 1-for-7 entitlement offer at $0.007 for about $2.6M. The price is a 56% discount to the last close of $0.016. Funds go to Presidio permitting, technical work and working capital.
What it means for a shareholder
143m new shares at A$0.007 to raise about A$1.0m. That's 5.2% dilution: every existing holder's slice gets 5.2% smaller. If you held A$1,000 of shares (142,857 at the issue price), your slice goes from 0.00549% to 0.0052% of the company. To keep it you'd need 7,839 more shares - about A$55 at the issue price.
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13 Mar 2025investor presentation● Neutral
Presentation supporting the placement and entitlement offer restates the January contingent resource figures, the four-well Presidio asset and the WDVG development work. It presents Presidio as 100% WI in 6,917 acres, which differs from the 70% WI in 7,877.8 acres reported earlier. No new results.
18 Feb 2025director officer appointment● Neutral
Edward May, a Texas oil and gas accountant with 20+ years' experience, becomes part-time Chief Financial Officer at US$8,500 a month, on a month-to-month basis with 30 days' notice. He runs finance at the Houston office.
7 Feb 2025capital raising announcement● NeutralMajor
Helios raises $691,325 through interest-free convertible notes, converting at $0.005 a share, to fund Presidio licence renewal work and working capital. Directors Kin and Lochtenberg take $75,000; their notes are repayable in cash unless shareholders approve conversion. Repays the December director and staff loans.
6 Feb 2025director officer appointment● Neutral
John Cathcart, a former resources fund manager and broker with 30 years' experience, joins the board as non-executive director from 5 February 2025. The board grows to five including the Managing Director.
28 Jan 2025admin correction● Neutral
Helios re-issues the 16 January contingent resource announcement with added detail on permits and classification categories. The resource figures shown are unchanged.
16 Jan 2025resource reserve update▲ GoodMajor
An independent report by Foundation Energy books first Presidio contingent resources, Lower Ojinaga only. Net (75% NRI): oil 5-8 million barrels, NGL 2-4 million, gas 36-57 Bcf, about 13.3-21.7 MMBOE. Classified development on hold; completes the resource report funded in December.
13 Jan 2025contract award▲ Good
Helios engaged Houston-based W.D. Von Gonten Engineering to provide geological evaluation, 3D hydraulic fracture modelling and laboratory testing for the Presidio Project. Managing Director Philipp Kin said it gave the best chance of realising the project's potential; no cost was stated.
11 Dec 2024debt financing● NeutralMajor
Helios secures $150,000 of unsecured short-term loans from directors, staff and broker Gleneagle, at 12% interest, to fund a resource report. The A$500,000 Gleneagle facility remains undrawn and is extended to 12 months. First funding source announced since the cash questions arose.
