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Helis To Revise Its Application For Oil Drilling Project In St. Tammany

 
Helis To Revise Its Application For Oil Drilling Project In St. Tammany
Posted Thursday, August 7th 2014 @ 1pm

A spokesman for Helis Oil and Gas says the company is now in the process of filing a revised application for an oil exploration project in St. Tammany Parish.

In an interview on the Denny Schaffer Show Thursday, Greg Beurman said Helis will apply for a permit to drill a vertical well and would seek another permit for fracking if there was an indication the project would be commercially viable.

Beurman calls the revisions based on Army Corps of Engineers' recommendations a slight delay and not a setback, as has been widely reported.

"They have essentially given us a road map for how this project should work, and we're gonna follow that road map and we're gonna end up drilling this well," Beurman said.

Beurman also told Schaffer he's expecting some additional positive news about the project in the next few days, but that's all he would say.

 

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