Avanti Helium Corp V.AVN

Alternate Symbol(s): ARGYF | V.AVN.WT.A

Energy Oil & Gas E&P

Avanti Helium Corp. is a Canada-based pure play helium exploration company. The Company is focused on the exploration, development, and production of helium across western Canada and the United States. Its projects include Greater Knappen Project and Leader Project. The Greater Knappen Project has identified key areas for helium exploration in Southern Alberta and Montana. The project covers an area of approximately 78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian. In Alberta, it has a project in Aden and in NW Montana, there are four project areas: Sweetgrass, Keith, Kicking Horse and Police Coulee. Leader Project consists of several permit areas; each permit is in different areas in Southwestern Saskatchewan. The permit areas are Maple Ridge, Fox Valley, Burstall, Abbey and Kyle. It covers approximately 91,000 acres of helium prospective land.

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Avanti Helium Corp > Where's the explanation.

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Comment by canuckktraderon Oct 06, 2022 12:37pm

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Post# 35009758

RE:RE:Where's the explanation.

I think you may have misunderstood..... CDN helium does not need high concentrations because the wells have very high pressures and flow rates. If you have a very low pressured well that flows very minimally you would need higher concentrations for to to be economical.

Well that flows 5 million cubic feet a day of raw gas at 1% helium - 50,000 Cubic Feet of helium.

Well that flows 1 million cubic feet a day of raw gas at 5% heiulm- 50,000 cubic feet a day of helum.

FYI The company's website shows all of the producing wells in Canada and their numbers, I think the highest was 1.8% and flowing and producing for 14 years.

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