Avanti Helium Corp.

Avanti Energy Inc. is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by Cormark Securities Inc. and Beacon Securities Limited , which have agreed to purchase, on a bought deal basis, 4,065,000 units of Avanti at a purchase price of $1.23 per Unit , for aggregate gross proceeds in the amount of approximately $4,999,950 . Each Unit will consist of one common share of [...]

Avanti Energy Inc. is pleased to announce the Company has received additional data for both Rankin 01-17 and WNG 11-22 on its Greater Knappen property, located in Montana. Highlights from WNG 11-22 The pre-completion Drill Stem Test results for WNG 11-22 well saw a flow rate of 2.6 MMscf/day and 600 psig surface pressure from the primary target zone, the Flathead Sandstone. This zone showed 35ft of net pay with porosity [...]

Avanti Energy Inc. is pleased to announce that it has successfully completed the initial testing on its second helium well, WNG 11-22, on its Greater Knappen project, located in Montana. Open hole logging of WNG 11-22 confirmed excellent reservoir quality sand in all three target zones. The Basal Cambrian sand exhibits 35ft of net pay with porosity up to 16%. The Souris River has two intervals totalling 42ft net pay with [...]

CALGARY, AB, Feb. 3, 2022 /CNW/ - Avanti Energy Inc. is pleased to announce that it has successfully completed the drilling phase of its second helium exploration well, WNG 11-22, on its Greater Knappen project, located in Montana. The WNG 11-22 well has now been drilled to a total depth of 5,390 feet and has identified multiple potential helium zones. Avanti's technical team is proceeding with open hole logging and drill [...]

Avanti Energy Inc. 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 Montana. 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 [...]

Avanti Energy Inc. is pleased to announce that it has completed initial open hole logging and drill stem testing on the Company's first helium well, Rankin 01-17, on its 100%-owned Greater Knappen property, located in Montana. The Rankin 01-17 well was successfully drilled to a depth of 5,860 feet and encountered all the targeted zones for helium potential. Open hole logging indicated five zones with reservoir [...]

Avanti Energy Inc. 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 Montana. 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 of the [...]

Avanti Energy Inc. is pleased to announce that it will spud the Company's first helium well today, Rankin 01-17, on its 100%-owned Greater Knappen area, located in Montana. The Rankin 01-17 well is expected to take approximately 14 days to reach a total depth of ~6,100 feet. The location exhibits a structural high with the potential for multiple pay zones and is the first of three exploration wells targeting distinct [...]

Avanti Energy Inc. is pleased to announce that it has granted an aggregate of 210,000 stock options to certain consultants of the Company. The stock options are subject to the approval of the TSX Venture Exchange and are exercisable for a period of five years at a price of $1.53 per share. 200,000 stock options vest on the basis of 20,000 per month after the grant date. 10,000 stock options may be subject to certain [...]

Avanti Energy Inc. is pleased to announce that it has received drill permits from the Montana Board of Oil and Gas Conservation to drill its first three wells in the region of Montana at the Company's Greater Knappen property. The initial three wells, Fey 06-33, Rankin 01-17, and Western NG 11-22, will target three separate possible pay zones: two in the Beaverhill Lake formation and one in the Basal Sandstone formation [...]