The Board of Directors of Helios Energy Ltd. has appointed Richard He as the Managing Director of the company. Richard He is an entrepreneur and venture capitalist in natural resources with a particular focus on oil and gas. He currently resides in Houston and will run Helios from Helios' Houston office. Before moving to Houston to develop oil and gas opportunities, Richard was an investment banker and venture capitalist based in Shanghai and Beijing for more than 12 years with a capital markets practice and investment focus on Chinese equities listed on the major Chinese stock exchanges. Over the past 11 years, he has been based in Houston, Texas and has invested in and managed exploration and production shale plays in Texas, USA.