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Avanti Completes Initial Testing on the Rankin 01-17 Well

Avanti has completed initial open hole logging and drill stem testing on the its first helium well, Rankin 01-17 at Greater Knappen in Montana. The well was drilled to a TD of 5,860 feet and encountered all the five targeted zones for potential helium. Drill stem testing indicated that two of the targeted zones showed economic helium potential but no details on the percentage helium content have been released. Rankin 01-17 is now being cased to TD, and the rig is moving to WNG 11-22, Avanti's second well in Greater Knappen.

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