Slide 1: Progress and Prospects: VVC Update
Progress and Prospects: VVC Update With Jim Culver, CEO & President of VVC and Bill Kerrigan, Chief Geologist and President of Plateau Helium 1
Slide 2: Agenda
AGENDA 1. Welcome - Team - Market Overview 2. Helium Projects Progress Report 3. New Helium/Natural Gas Prospects 4. Ardery Oil Project Progress Report 5. VVC Strategic Investment Update - Proton Green 6. Mexican Mining Properties Update 2
Slide 3: Market Overview
MARKET OVERVIEW Helium - the helium market supply and demand appear to have stabilized for 1. the time being at a relatively high price - $400 to $500 per thousand cubic feet for gaseous helium and $500 to $700 per thousand cubic feet of liquified helium. 2. Natural Gas - natural gas prices at the He
Slide 4: VVC Projects Map
VVC PROJECTS MAP VVC HELIUM & NATURAL GAS - 1 old producing well. 5 newly drilled producing wells(Syracuse). 1 newly drilled well in completion (Stockholm). Two additional newly drilled wells available for completion(Syracuse) VVC Kansas Oil Project Colorado 1 well producing while Kansas rework cont
Slide 5: Helium Progress Report: General Comments on Helium Exploration and Production
HELIUM PROGRESS REPORT: GENERAL COMMENTS ON HELIUM EXPLORATION AND PRODUCTION Most successful helium projects have 2 marketable products - either helium and CO2 ❖ (Proton Green) or helium and natural gas (VVC and most other helium producers). Helium is a byproduct in all but a very few projects. ❖ A
Slide 6: Helium Progress Report: Projects Map
HELIUM PROGRESS REPORT: PROJECTS MAP VVC Helium & Natural Gas Projects VVC Oil Project Syracuse - Hamilton, KS LF - KS Key formations and helium percentages in KS & CO ● Chase Group: 0.75% - 2% helium Moore-Johnson - Greeley, KS State Line - Hamilton, ● Council Grove Group: 1.5% - 2% helium KS ● Mor
Slide 7: Helium Progress Report: Helium & Natural Gas Projects Locations
HELIUM PROGRESS REPORT: HELIUM & NATURAL GAS PROJECTS LOCATIONS Project Acres Geological Status Production Stage Leased Formation Syracuse KS Wells: 6 Connected and producing, ready 11 In Production 16,400 Chase to complete 2 7 Stockholm KS Josephine Mack 18-1 - Spudding 2 22 Near Production 3,000 M
Slide 8: Syracuse Kansas Wells & Infrastructure
6 SYRACUSE KANSAS WELLS PRODUCING GAS 1.1% HELIUM WELLS & 2 WELLS DRILLED AND INFRASTRUCTURE READY FOR COMPLETION 1 WELL DRILLED COMPLETED, SHUT IN AWAITING REPAIR 1 SALT WATER DISPOSAL WELL (OVERTON 2A) 3 WELL SITES PERMITTED AND CONSTRUCTED 3 WELL SITES PERMITTED 15 MILE INTERNAL GAS GATHERING 17
Slide 9: Helium Progress Report: Syracuse Production
HELIUM PROGRESS REPORT: SYRACUSE PRODUCTION Other Wellsites In Production Wells July Helium Production Weaver 1-15 CIP 6 40.53 mcf’s Simon 1-18 CIP shut-in Levens 2 WOR July 2024 Levens 1-27 permit MCF Net Gal Net MCF Gas Residue Helium Hydrocarbon Levens 3-6 permit Project Well Status Production (M
Slide 10: Stockholm KS Wells
STOCKHOLM KS WELLS 1 Test well drilled and near The Josephine Mack 1-18 well was drilled in completion June and completed in August. Production is awaiting the arrival of a pump which 3 should happen any day. This well Additional wellsites represents the first exploratory effort in the identified Stoc
Slide 11: Stockholm Production
STOCKHOLM PRODUCTION In Production Wells August Production 0 0 August 2024 Est Cost of Bringing Initial Production Project Well Status Wells To Production Estimates Typical Morrow wells Well drilled and completed. produce 2.0%+ he % Stockholm Josephine Mack 18-1 Production awaiting a pump $650,000 a
Slide 12: Moore-Johnson KS Wells
MOORE-JOHNSON KS WELLS 1 Test well site identified and The Moore-Johnson test well is ready to be drilled adjacent to an historic well that tested natural gas and helium but 3 was never produced Additional wellsites identified 8 Potential well sites If this well is successful, we have identified 3 addi
Slide 13: PHC Colorado
PHC COLORADO The PHC Colorado Project is located in an area relatively high avg helium concentration - 2% - 5%. Easy connections available to the Ladder Creek Helium/Natural Gas Processing Plant. ● First permits: 6-12 months for approval ● A new well was recently drilled adjacent to one of VVC’s lea
Slide 14: New Helium Natural Gas Project Area
NEW HELIUM NATURAL GAS PROJECT AREA VVC has identified several potential projects in a new helium natural gas production area. The Company is moving forward on developing Three of those while continuing to evaluate others. New Helium/NG Area Overview of helium resources in New Helium/Natural Gas prod
Slide 15: New Helium Natural Gas Project Area
NEW HELIUM NATURAL GAS PROJECT AREA New Helium Natural Gas Project Area Project Target Lease Acres Lease Acres Pending Acres Leased Well Sites Identified Potential Well Sites Andromeda 6440 Acres 6440 0 10 40 Beetlejuice 5680 Acres 5680 0 10 35 2 areas South Area: 3520 Acres Capricorn 6340 0 0 39 Nor
Slide 16: Ardery Oil Project Test - In an Area with Proven Oil Zones
ARDERY OIL PROJECT TEST - IN AN AREA WITH 2 PROVEN OIL ZONES KANSAS Latest Ardery Developments Producing and selling small amounts of oil in Morrow Zone of the Ardery well. The St. Louis zone produces substantial volumes of emulsified oil. De-emulsifying of St. Louis oil requires a water disposal wel
Slide 17: Ardery Oil Project Test
ARDERY OIL PROJECT TEST Kansas Status Wells Minimal Initial production from Morrow Zone - St. Louis zone Ardery rework in process and have sold 304 BBLs thus far. Kansas Oil 2 Geologic evaluation in process Kansas Oil 3 Geologic evaluation in process Kansas Oil 4 Geologic evaluation in process 17
Slide 18: Kansas Oil Production
KANSAS OIL PRODUCTION In Production Wells YTD Oil Production 1 304 BBLS June - August 2024 Project Well Status BBL Production Price Avg Net Revenue Producing from Kansas Oil Ardery 1-11 304 72.50 $16,876.45 Morrow Kansas Oil 2 Kansas Oil Planning Kansas Oil 3 Kansas Oil Planning Kansas Oil 4 Kansas
Slide 19: South Africa Helium Project
SOUTH AFRICA HELIUM PROJECT VVC SOUTH AFRICA - LINDLEY HELIUM PROJECT Free State, Republic of South Africa Location East of Welcome and South of Kroonstad 147 Mile Southwest of Johannesburg Acreage 152,000 40% owned by SA government, 15.6% owned by Black Ownership Empowerment Group; 44.4% PHC SA. PH
Slide 20: Mexican Mining - Gloria Copper Project
MEXICAN MINING - GLORIA COPPER PROJECT GLORIA Location Acres 43-101 Permits Resource Issues/Challenges Next Steps Copper resource of 59.4 millions Northern pounds, indicated (9.6M tonnes Funding for pilot Chihuahua 4,050 APRIL 21, 2019 October 29th, 2018 grading 0.28% Cu) and 89.33 million TBD mine
Slide 21: Mexican Mining - Cumeral Gold Project
MEXICAN MINING - CUMERAL GOLD PROJECT CUMERAL Location Acres 43-101 Permits Resource Issues/Challenges Next Steps Needs Northern Informational 43-101 additional 16,622 June 24, 2012 None Mexican government Sonora, Mexico on file drilling for resource 21
Slide 22: Proton Green - A VVC Strategic Investment
PROTON GREEN - A VVC STRATEGIC INVESTMENT ● VVC kept 19% of the startup ● Proton Green went public on the OTC market at $250 million valuation in 2023 ● via merger with Cyber App Solutions (OTC:CYBR) ● Proton Green share trading halted for uplisting process in spring of 2024 ● Last Proton Green shar
Slide 23: Proton Green - A VVC Strategic Investment
PROTON GREEN - A VVC STRATEGIC INVESTMENT ● Helium Plant Built and operational but without CO2 processing ● Negotiating purchase of a used CO2 plant that can be installed quickly ● CO2 off take agreements in place for this plants ● PG has ordered a new CO2 Plant which is designed and under construct
Slide 24: Proton Green - CO2 Plant Rendition with Rail Loading Terminal
PROTON GREEN - CO2 PLANT RENDITION WITH RAIL LOADING TERMINAL 24
Slide 25: Mark Your Calendars: Upcoming VVC Webinars
UPCOMING VVC WEBINARS MARK YOUR VVC 2024 AGM December 4th, 2024 CALENDARS 11:00 AM EST 25
Slide 26: Questions & Comments
QUESTIONS & COMMENTS info@vvcresources.com 26
Slide 27: Thank you for joining VVC's Webinar
Thank you for joining VVC’s Webinar vvcresources.com TSX-V:VVC OTCQB:VVCVF info@vvcresources.com 27
Slide 28: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Investors are cautioned that, except for statements of historical fact, certain information contained in this document includes “forward-looking information” (Canada) or “forward-looking statements” (USA) with respect to a performance expectation for the Company. Such forw