Avanti's first well at its Greater Knappen acreage in Montana appears to be non-commercial. Only two of the five zones showed potential for commerciality and the helium percentage of 0.3% appears to be below the commerciality threshold given that this is a relatively small reservoir.
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See AllOn an analyst call, US Energy Corp management talked about its plans for its recently acquired Montana helium asset. The asset is situated on a greater than 100-mile anticline structure known for its
Bluejay Mining plc announced that White Flame Energy Limited (WFE) accepted its conditional offer to acquire up to 51% of WFE's issued share capital for £1.4mm, payable in Bluejay shares. WFE owns pro
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