Dec 6, 20221 min

Avanti Reports Completes Drilling at WNG 10-21, Montana

Avanti Helium has finished the drilling phase of its appraisal well (WNG 10-21) at Greater Knappen, Montana. The well took longer than we expected at around 6 weeks to drill, having spudded in late October. It encountered helium in both the Souris River and Flathead zones. The appraisal was ~1 km west and 50 m down dip of the Company's WNG 11-22 helium well. Avanti will complete and test the well when the completions rig arrives in approximately ten days.

Press Release:

Avanti Helium Corp is pleased to announce that it 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 VP 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 ten 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.