The oil and gas industry is constantly changing, and one of the most recent changes has been the emergence of Helium Evolution. The company, which is based in the US, has recently announced their farm-in partnership with GeoSouthern Energy Corporation to drill a second joint well.
Helium Evolution is a private equity firm that specializes in acquiring and managing oil and gas assets. They have quickly made a name for themselves in the industry as they have a team of experienced professionals, who have backgrounds in upstream investments. Moreover, their expertise in acquisition, formation negotiations, and property evaluation have allowed them to quickly become a trusted partner in the oil and gas industry.
The company is currently working with GeoSouthern Energy Corporation, which as an independent oil and gas company that formed in 2006. GeoSouthern Energy Corporation has had a presence in the Gulf Coast region since 2006, and they have a production of over 14,000 barrels of oil equivalent per day. They have recently worked with Helium Evolution for the joint drilling of their second well.
The well that the two companies are working on is located in Gonzales County, with Helium Evolution doing the drilling operations. Furthermore, Helium Evolution is responsible for the completion of the well, while the GeoSouthern Energy team will provide technical support and guidance.
The two-shareholders have expressed their enthusiasm in the future success of the well, and they are confident that their partnership will be a great benefit for both parties. This farm-in partnership is a great example of the opportunities these two companies can create for themselves and the industry.
The success of the project will undoubtedly depend on the success of the well, and both parties are working hard to ensure that happens. Through their well-structured plan and ongoing expertise, Helium Evolution and GeoSouthern Energy are on track to one of the most successful joint drilling projects in the industry.