GREATER KNAPPEN PROJECT

Greater Knappen is one of our strategic targeted areas with nitrogen-rich helium in multiple zones.  In addition, the presence of several deep structural high features in the area is ideal for trapping helium.

Asset Overview

~ 0 acres

Helium Prospective land

0 %

Operatorship

> 0 %

/

~ 0 %

Helium/Nitrogen Content

2.18% /~98%

The team has identified key areas for helium exploration in Southern Alberta and Montana and to date Avanti has successfully acquired ~78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian.

Greater Knappen

Greater Knappen spans an area of ~78,000 acres. Gas analysis from multiple zones exhibits helium concentrations up to 2.18% and nitrogen up to ~98%.  Knappen is one of our strategic targeted areas with nitrogen-rich helium in multiple zones.  The presence of several deep structural closures in the area is ideal for trapping helium in economic quantities.

Resource Potential

The asset has multiple helium target intervals in the Devonian and Cambrian formations. Knappen resides in an area with confirmed reservoir rock and multiple DST’s with analyzed gas, and the potential for viable helium reservoirs over a larger basement structure.

Greater Knappen Resources and Development Potential

Greater Knappen

Avanti has drilled 2 wells to date in the Greater Knappen, resulting in a major helium discovery. The completion results of the Cambrian Flathead formation yielded over 4MMcf/d total gas with 1.1% Helium and 97.5% Nitrogen. DSTs in the Souris River also confirmed 1.2 % He and ~92 % Nitrogen. Completion operations and evaluations are ongoing. Journey Engineering has been contracted to provide engineering services for pre-FEED (front end engineering and design) study for a helium processing facility for the discovery well with the goal of bringing the well into production as quickly as possible. Avanti is also proceeding with drilling plans for appraisal wells to determine the areal extent of the reservoir on the discovery well.

Invest in Avanti, a company that seeks new opportunities for helium growth.

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Join Avanti in its mission to extract helium.

Knappen Timeline 2021-Q2 2023

EXECUTED TO DATE

ACQUISITION
Acquired acreage in Knappen Alberta
2021 - Ongoing
ACQUISITION
Acquired additional acreage in Montana (Greater Knappen Asset)
Q3, 2021
DRILLING PROGRAM
Drilled WNG 11-22 and Rankin wells
Q2, 2022
Facility Feed
Kick-off facility design and procurement
Q1 2021
TECHNICAL WORK AND LAND PROSPECTING
Q3,2021
DRILLING TARGETS
Finalize drilling locations In Greater Knappen
Q4, 2021 - Q1, 2022
Well Results
Testing & Evaluation of WNG well
Q2, 2022

FORECASTED PLAN

Drilling program
Sweetgrass appraisal well based on WNG well data
Q3 ,2022
Seismic
Looking at the options to acquire additional seismic data
Q4 ,2022
FACILITY ONSTREAM
Helium Purification and Delivery WNG well on production
Q3 ,2022
COMMERCIAL DISCUSSIONS
Q4 ,2022
Drilling Program
Aden Canada exploratory well
Q2,2023