Avanti lets contract for pre-FEED study of Montana development
- AKAP
- May 24, 2022
- 2 min read
Avanti Energy has selected Journey Engineering to provide engineering services for a pre-FEED study for a helium processing facility for Avanti's discovery well - WNG 11-22, to ensure it can be brought into production as quickly as possible. Avanti also contracted Calgary-based NL Fisher as a drilling and completions engineering consultant for Avanti’s drilling program in Canada and specifically at its Aden property in southern Alberta. It has also repriced its share options down by ~50% (related to staff compensation) after the share price has declined by >50% in the last year.