Avanti Energy forges ahead with new helium discoveries

Avanti Energy has assembled a team to lead new discoveries of helium reserves. Avanti has leased 7,000 acres in southern Alberta and is negotiating with landowners for another 12,000 acres in Montana. Recently, Avanti Energy acquired a licence from the Alberta government to lease another 2,500 acres. Numerous wells have displayed enriched helium of up to two per cent (commercial helium varies from 0.3 per cent to one per cent). These wells could contain up to $100 million worth of helium.