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AVANTI REACHES TOTAL DEPTH AT RANKIN 01-17 WELL AND PREPARES FOR DRILL STEM TESTING
AVANTI REACHES TOTAL DEPTH AT RANKIN 01-17 WELL AND PREPARES FOR DRILL STEM TESTING ...
About this update from Avanti Helium Corp.
[{"type":"text","content":"\n \n \n \n AVANTI REACHES TOTAL DEPTH AT RANKIN 01-17 WELL AND PREPARES FOR DRILL STEM TESTING\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. 17, 2022\n \n /CNW/ -\n \n Avanti Energy Inc.\n \n (TSXV: AVN) (OTC: ARGYF) (the \"Company\") is pleased to announce that it has successfully completed the drilling phase of its first helium well, Rankin 01-17, on its 100%-owned Greater Knappen project, located in\n \n Montana\n \n .\n \n \n The Rankin 01-17 well has now been drilled to a total depth of 5,860 feet and has identified multiple potential helium zones. Avanti's technical team is proceeding with open hole logging and drill stem testing (DST) of the identified pay zones to assess gas composition, pressure, and flow rates. After these operations the drill rig and crew will be immediately mobilized to the Company's next planned helium exploration well at Greater Knappen.\n \n \n \n Genga Nadaraju\n \n , Avanti VP - Subsurface, commented, \"Avanti's technical team is thrilled that our first exploratory well encountered all targeted zones for potential helium. We are also excited to have seen shows in an additional formation not previously identified and the team is looking forward to the further evaluation of the well.\"\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, please go to the Company's website at\n \n www.avantienergy.com\n \n .\n \n \n \n Forward-Looking Statements\n \n \n \n The information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect manag...