With the shortages that are occurring around the world, helium is in major demand. Avanti Energy is actively looking for ways to extract helium that is trapped in the earth to then supply large industries with.
There is an undeniable demand for it, being that it is the only element on earth that is completely non-renewable. Due to the instrumental role it plays in technology, aerospace, and medical care, helium is over 100 times more valuable than any other natural gas.
By 2025, the global helium market is predicted to worth approximately $18.1 billion.
Helium is projected to grow at a compound annual growth rate (CAGR) of 11% by 2025.
30% of the world’s helium supply is used in MRI scanners.
20% of the world’s helium supply is utilized in the manufacturing of hard disks and semiconductors.
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. The Asset has multiple previous wells showing Up to 2.18% /~98% Helium/Nitrogen Content.
The acreage in 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%, have been identified in and around the property. Aden is the first asset to advance into the exploration phase with the goal of drilling exploration wells by the end of the year.
For a complete list of filings please visit our SEDAR profile.
April 10, 2021
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November 20, 2019
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Mr. Bakker has over 20 years of experience in oil and gas, most recently he led the Joint Venture between Avanti and Terrelium Resources Corp. and previously worked as a commercial negotiator with Encana Corporation (now Ovintiv Inc.) for major facilities and pipelines in the Montney gas play. He has extensive experience in all facets of natural gas exploration including land acquisition, exploration, drilling, well production and facility integration and construction. Mr. Bakker holds a BAH in Economics from Queen’s University, an MA in Economics from the University of Victoria and an MBA from the University of Calgary.
Mr. Gamley’s career spans over 10 years in corporate finance and consulting, providing corporate strategy and communications services to public companies across a broad range of industries including biotech, oil and gas and natural resource exploration and development. He has been a board member of several TSXV-listed companies and brings extensive capital markets experience and a considerable network of both retail and institutional contacts. Mr. Gamley graduated in 1998 with a Bachelor of Science from the University of British Columbia.
Mr. Bronson is a professional geologist with 30 years of exploration and development experience in the oil and gas industry. Mr. Bronson manages his own consulting business, Rae-co Consulting Ltd., which involves prospect generation and consultation to the industry. His most recent role from 2018 to 2020 was as consulting geologist for Acquisition Oil Corp., working on the development of its Cranberry/Priestville light oil field in northeastern Alberta. From 2016 to 2018, Mr. Bronson worked with Vermilion Energy Inc. as consulting geologist on the development of the Ellerslie gas liquids trend in west-central Alberta. Prior to working with Vermilion, Mr. Bronson consulted with Pengrowth Energy Corp. from 2011 to 2016 on the development of its Swan Hills light oil trend in north-central Alberta. Previous to 2011, Mr. Bronson consulted with Ovintiv (formerly Encana) on the exploration and development of the Montney gas play in northeastern British Columbia. Mr. Bronson graduated from the University of Alberta with a Bachelor of Science Degree from the University of Alberta in 1984 and is registered with APEGBC.
Mr. Leo graduated in 2001 with a Bachelor of Human Kinetics and a Master of Human Kinetics in 2003 from the University of British Columbia. Mr. Leo qualified as a mortgage broker in 2013 and has been in corporate sales for over 13 years. Mr. Leo has been a director of a number of public companies since 2017, including Savanna Capital Corp. (TSX-V).