Brief: Helios Energy Says Unit Entered Into Boil-Off Gas Helium Extraction Joint Venture With Ordos Xingxing Energy
01/11/2021 06:06
Nov 1 (Reuters) - Helios Energy Ltd HE8.AX :
* UNIT ENTERED INTO A BOIL-OFF GAS HELIUM EXTRACTION JOINT
VENTURE
WITH ORDOS XINGXING ENERGY
* UNDER AGREEMENT, ORDOS XINGXING WILL PROVIDE LAND, BOG
FEED GAS
AND ASSOCIATED UTILITIES FOR HELIUM EXTRACTION JOINT VENTURE
* HELIOS WILL CONSTRUCT HELIUM GAS EXTRACTION MODULE FOR
US$3.0
MILLION
* AT FULL CAPACITY FROM MODULE, HELIOS EXPECTS LIQUID HELIUM
SALES
TO BE ABOUT US$3.1 MILLION PER ANNUM
Source text for Eikon: ID:nASXbD8HCr
Further company coverage: HE8.AX
((Reuters.Briefs@thomsonreuters.com;))
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