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AVANTI ENERGY BEGINS COMPLETIONS OF WNG 11-22 HELIUM WELL

AVANTI ENERGY BEGINS COMPLETIONS OF WNG 11-22 HELIUM WELL Canada NewsWire ...

articleAvanti Helium Corp.March 7, 20225/company/avanti-energy-inc/news/avanti-energy-begins-completions-of-wng-11-22-helium-well
AVANTI ENERGY BEGINS COMPLETIONS OF WNG 11-22 HELIUM WELL

About this update from Avanti Helium Corp.

[{"type":"text","content":"\n \n \n \n AVANTI ENERGY BEGINS COMPLETIONS OF WNG 11-22 HELIUM WELL\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 March 7, 2022\n \n /CNW/ -\n \n Avanti Energy Inc.\n \n (TSXV: AVN) (OTC: ARGYF) (\"Avanti\" or the \"Company\") is pleased to announce that it has commenced completions operations on its WNG 11-22 Helium well in Greater Knappen,\n \n Montana\n \n .\n \n \n The Company will flow test three potentially commercial productive helium bearing zones. The test results will provide important data to support upcoming resource estimates, including flows, pressures, and reservoir fluid helium concentrations. Additionally, testing results will be used to support the design of helium purification facilities. The Company expects the durations of the testing to be between 3-5 weeks.\n \n \n Avanti is also pleased to announce it has engaged McDaniel & Associates Consultants Ltd. of\n \n Calgary, Alberta\n \n to evaluate preliminary well results and assist the Avanti team with analysis of key helium prospects. The primary purpose of the evaluation is for corporate resource reporting such as annual reports, banking, financing, and corporate transactions.\n \n \n \"Completion and testing of the WNG 11-22 well is an exciting step in the development of Avanti's Greater Knappen property,\" commented\n \n Chris Bakker\n \n , Avanti CEO. \"The Drill Stem Test results showed very promising flow results along with helium concentrations up to 1.1% and the completions work will bring the well to its full potential.\"\n \n \n \n About Avanti Energy\n \n \n \n Avanti Energy is focused on the exploration, development, and production of helium across western\n \n Canada\n \n and\n \n the United States\n \n . Avanti's professional oil and gas exploration and production team is actively targeting untapped potential helium reserves to help meet the increasing global demand for an irreplaceable and scarce element critical to advanced technology, medical and space exploration industries. For more information, pleas...

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