Helium Prospective land
This asset resides over an area with a closed structural high that is ideal for trapping helium and multiple helium shows, of up to 2.1%, have been identified in and around the property. Aden is the first asset to advance into the evaluation phase with the goal of drilling exploration wells by the end of the year.
The asset has multiple Helium target intervals in the Devonian and Cambrian formations. The closed structural high feature has over 75 meters of relief and is present over most of the assets.
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Avanti licensed several industry 2D seismic lines and the early interpretation has confirmed the presence of a large structural closure previously identified using well data in the area.
Avanti has also initiated the environmental review necessary for the planned Q3/Q4 2021 drilling program.