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AVANTI ENERGY ANNOUNCES THE WNG 11-22 HELIUM WELL ON GREATER KNAPPEN, MONTANA HAS SPUD
AVANTI ENERGY ANNOUNCES THE WNG 11-22 HELIUM WELL ON GREATER KNAPPEN, MONTANA HAS SPUD ...
About this update from Avanti Helium Corp.
[{"type":"text","content":"\n \n \n \n AVANTI ENERGY ANNOUNCES THE WNG 11-22 HELIUM WELL ON GREATER KNAPPEN, MONTANA HAS SPUD\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Jan. 27, 2022\n \n /CNW/ -\n \n Avanti Energy Inc.\n \n (TSXV: AVN) (OTC: ARGYF) (the \"Company\") is pleased to announce that earlier today the Company's second helium well, WNG 11-22, was spudded on its Greater Knappen property, located in\n \n Montana\n \n .\n \n \n The WNG 11-22 well is expected to take approximately 14 days to reach a total depth of ~5,400 feet. The location exhibits a structural high with the potential for multiple pay zones and is the second exploration well targeting distinct structures in both the Devonian and Cambrian formations.  This well is located within the area covered by quality 3D seismic data Avanti acquired from one of\n \n Canada's\n \n largest oil and gas producers (see press release dated\n \n September 23\n \n , 2021).\n \n \n \"We are excited to test a second play concept in Greater Knappen,\" commented\n \n Genga Nadaraju\n \n , Avanti VP – Subsurface. \"WNG 11-22 is geologically distinct from our first well and with success it opens the possibility for additional drilling targets that can be identified through our 3D seismic.\"\n \n \n \n Greater Knappen Area Highlights:\n \n \n \n \n ~69,000 acres of potential helium-rich properties across both\n \n Montana\n \n and\n \n Alberta\n \n , over which the Company maintains 100% operatorship.\n \n \n 10 closed structural highs, exhibiting relief of\n \n 70m\n \n to >\n \n 200m\n \n , that are ideal for trapping helium.\n \n \n In 2021 helium production commenced from a well drilled in the immediate area by a separate company, from the same zones targeted by Avanti's technical team, further validating the Company's model.\n \n \n Other wells surrounding Avanti's lands have high helium shows in multiple Devonian and Cambrian targets with helium percentages of up to 2% and nitrogen percentages of up to 96%.\n \n \n \n Avanti continues to evaluate multipl...