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.
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.
March 2026 quarter report: wells 141#1 and 141#2 are producing, with second oil sales expected next quarter. Drilling cost estimates are done for two wells, and funding talks with numerous parties continue. No drilling has started and no funding is secured.
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.
December 2025 quarter report: first oil and condensate sales are described as the move from exploration to early production, and drilling cost estimates for the next well are done. The company is in detailed funding talks with numerous parties and is still reviewing strategy. No drill date or funding is given.
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.
September 2025 quarter report repeats the WDVG-led strategy: a 15,500-acre sweet spot, five conventional prospects to farm out, and restart of wells 141#1 and 141#2 with intermittent oil. First sales of 153 net barrels came after quarter-end. The MD plans a November Texas trip. Largely known.
Helios withdraws six groups of resolutions from the 21 November 2025 AGM: bonus shares for a director, shares in lieu of director fees, advisory shares, an employee incentive plan, director options and director performance rights. Votes on them will be disregarded. No reason given.
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.
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.
Annual corporate governance statement and Appendix 4G, approved by the board on 30 September 2025, reporting compliance against the ASX governance principles. Administrative only.
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.
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.
June 2025 quarter report covers the MD's Texas visit, WDVG planning, early farm-in partner talks and the restart of wells 141#1 and 141#2 (about 500 barrels stored). Convertible notes not needing shareholder approval were exercised, removing that debt. Largely repeats known developments.
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.
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.
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.
March 2025 quarter report restates the January contingent resource (13.3-21.7 MMBOE net, Lower Ojinaga only) and the WDVG engagement. It lists $0.7M of convertible notes and $3.6M from the placement and entitlement offer. No new operational results; remainder of text truncated.
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.
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.
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.
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.
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.
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.
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.
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.