Helium Evolution, the innovation-focused oil and gas exploration and production company, announced today a farm-in partner to drill their second joint well in as many months.
This news arrives after the successful commencement of their first drilled well in early May. The farm-in partner will help expand Helium Evolution’s reach with secured resources and capital investments to further their exploration and production objectives. This partnership will help Helium Evolution to continue their rapid growth in the energy industry while prioritizing their environmental goals and keeping safety standards high.
The farm-in partner agreement is one of two major milestones for the company in Q2 2020. The second major news for Helium Evolution is their entrance into offshore production. On June 5th, they announced plans for a production vessel to be launched at the end of the summer.
The new vessel will be called He-1 and will be one of the first vessels to incorporate advancments in both control and safety technologies that will improve both environmental awareness and long-term sustainability. This vessel will expand Helium Evolution’s production capabilities while minimizing their environmental impact and helping them reach their clean energy goals.
Helium Evolution’s CEO, John Melville, is thrilled to bring the farm-in partner on board and to enter into offshore production. He says, “This announcement is just another step in our long-term goal of becoming a major player in the energy sector. We have a smart and enthusiastic team of experts, access to capital, and the best technology, and this farm-in partner agreement is proof of our commitment to the industry.”
The future looks bright for Helium Evolution. With the reliable resources from their farm-in partner and their new He-1 vessel, the company looks poised to continue their growth in the energy industry and solidify their position as a clean and sustainable energy provider.
