CALGARY, AB, June 24, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that it has received a total unrisked contingent resource estimate of 187MMcf of net recoverable  helium gas (based on a raw gas estimate of 17 billion cubic feet (“Bcf”) recoverable and net helium concentration of 1.1%) prepared by McDaniel & Associates Consultants Ltd., a qualified reserves evaluator, for the Company’s WNG 11-22 helium well and underlying structure in the Greater Knappen Property, located in Montana. This volume represents the best estimate of the unrisked contingent resource. … Continue Reading

CALGARY, AB, May 25, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that it has selected Journey Engineering to provide engineering services for pre-FEED (front end engineering and design) study for a helium processing facility associated with the Company’s Montana discovery well WNG 11-22.

Journey Engineering, a well-established engineering and procurement firm based in Calgary, has successfully installed large helium facilities in both Canada and the U.S. with a great track record of delivering single well helium processing facilities. Avanti and Journey have kicked off phase one pre-FEED … Continue Reading

CALGARY, AB, May 3, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that it has been granted 3 helium exploration permits from the Government of Saskatchewan for a total of ~63,000 acres.

The acquisition of these highly prospective helium properties complements the Company’s existing holdings beyond Alberta and Montana and aligns with one of Avanti’s primary strategies of having a well-diversified portfolio of quality helium assets. The permits are in strategically targeted areas for helium exploration, based on the Company’s detailed geological models and technical assessment. All of the … Continue Reading

CALGARY, AB, April 18, 2022 /CNW/ –  Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that Chris Bakker, Chief Executive Officer of Avanti, will be a guest today, April 18th, on Bloomberg Radio at approximately 11:45 a.m. EST with Paul T. Sweeney and Matt Miller.  Mr. Bakker will be discussing Avanti’s major helium discovery in Montana, which the Company believes has the potential to become one of, if not the largest new helium pools in North America, as well as helium’s uses in industries of critical national … Continue Reading

 CALGARY, AB,, April 13, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that it has finished completions on the Flathead Cambrian Zone on its WNG 11-22 Helium well in Greater Knappen, Montana, the first of three prospective zones. Completions and testing of the WNG 11-22 well’s two Souris River zones, up-hole from the Cambrian, is on-going and the Company expects to publish results in the coming weeks.

The Company completed an acidization and clean-up process of the Flathead Cambrian zone, after which the well peaked at over 4 … Continue Reading

CALGARY, AB, March 31, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) (the “Company”) is pleased to provide an update on the development and drilling plan of its Greater Knappen property.

The completions and testing of the Flathead (Cambrian) zone of the WNG 11-22 well has progressed well. The Company will initiate completions on the two Souris River zones on or around April 4, 2022, and expects to provide updated information, including helium concentration and tested flow rates, on the Flathead shortly thereafter.

The early results of the WNG 11-22 well have led the Company to … Continue Reading

CALGARY, AB, March 29, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN)(OTC: ARGYF) (the “Company”) announces that it has granted 935,000 stock options to certain consultants, directors and officers of the Company.  The options are exercisable at a price of $1.36, have a term of five years and may be subject to certain vesting provisions as determined by the board of directors.

About Avanti Energy 

Avanti Energy is focused on the exploration, development and production of helium across western Canada and the United States. Avanti’s professional oil and gas exploration and production team is actively targeting untapped … Continue Reading

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VANCOUVER, BC, March 15, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that it has successfully closed its previously announced bought deal public offering (the “Offering”) of 8,414,550 units of the Company (the “Units”) at a price of $1.23 per Unit for aggregate gross proceeds of $10,349,896.50 (the “Offering”).  This amount includes gross proceeds from the full exercise of the over-allotment option granted to the Underwriters (as defined below) to purchase an additional … Continue Reading

CALGARY, AB, March 7, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that it has commenced completions operations on its WNG 11-22 Helium well in Greater Knappen, Montana.

The Company will flow test three potentially commercial productive helium bearing zones. The test results will provide important data to support upcoming resource estimates, including flows, pressures, and reservoir fluid helium concentrations. Additionally, testing results will be used to support the design of helium purification facilities. The Company expects the durations of the testing to be between 3-5 weeks.

Avanti … Continue Reading

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VANCOUVER, BC, Feb. 23, 2022 /CNW/ – Avanti Energy Inc. (“Avanti” or the “Company“) (TSXV: AVN) is pleased to announce that it has agreed with the syndicate of underwriters, led by Cormark Securities Inc. and Beacon Securities Limited (collectively, the “Underwriters“), to increase the size of its previously announced bought deal public offering of units. The Company will now issue 7,317,000 units (the “Issued Units“) of Avanti at a price (the “Offering Price“) of $1.23 per Issued Unit, for gross proceeds to the … Continue Reading

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CALGARY, AB, Feb. 22, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN) (“Avanti“) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by Cormark Securities Inc. and Beacon Securities Limited (the “Underwriters“), which have agreed to purchase, on a bought deal basis, 4,065,000 units (the “Units“) of Avanti at a purchase price of $1.23 per Unit (the “Offering Price“), for aggregate gross proceeds in the amount of approximately $4,999,950 (the “Offering“). Each Unit will … Continue Reading

CALGARY, AB, Feb. 17, 2022 /CNW/ – Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) (the “Company”) is pleased to announce the Company has received additional data for both Rankin 01-17 and WNG 11-22 on its Greater Knappen property, located in Montana.

Highlights from WNG 11-22
The pre-completion Drill Stem Test results for WNG 11-22 well saw a flow rate of 2.6 MMscf/day and 600 psig surface pressure from the primary target zone, the Flathead Sandstone.  This zone showed 35ft of net pay with porosity up to 16%, and low water saturation. Multiple gas samples from the Flathead sandstone … Continue Reading