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Avanti Helium completes WNG 10-21 well drilling

2022-12-06 12:16 ET - News Release

Mr. Cam Buss reports

AVANTI HELIUM COMPLETED DRILLING AT WNG 10-21 WELL, PROCEEDING WITH COMPLETIONS AND TESTING

Avanti Helium Corp. has successfully finished the drilling phase of its appraisal well, WNG 10-21, on its Greater Knappen project, located in Montana.

The WNG 10-21 well encountered helium-bearing gas in both the Souris River and Flathead zones.

"We are very encouraged with the helium shows in WNG 10-21 and the potential of this appraisal well," commented Cam Buss, vice-president of operations. "Completions will help us to further understand the reservoir size and deliverability for future centralized production facility design for the WNG helium pool."

The T&S rig has been released and Avanti's technical team will complete and test the well when the completions rig arrives in approximately 10 days.

Avanti continues to evaluate multiple opportunities across Western Canada and the United States to build an industry-leading helium company with a premier portfolio of prospective lands.

About Avanti Energy Corp.

Avanti Energy is focused on the exploration, development and production of helium across Western Canada and the United States. 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.

We seek Safe Harbor.

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