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Avanti Receives Positive WNG 10-21 Results from Gas Analysis

Avanti's results from the gas analysis of the Flathead Cambrian Zone at its WNG 10-21 helium appraisal well in Greater Knappen, Montana showed the gas consisted of 1.15%-1.2% Helium, with ~97.5% Nitrogen, and minor shows of methane and CO2. This is a positive result as these are attractive concentrations of helium from a well that flowed at very strong rates, with the ability to produce this with a low carbon intensity given the low levels of methane and CO2.

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