Avanti Energy has successfully completed the drilling phase of its first helium well on its 100%-owned Greater Knappen project in Montana, US.

Dubbed Rankin 01-17, the well has been drilled to a total depth of 5,860 feet and has identified multiple potential helium zones.

The Avanti team will proceed with open hole logging and drill stem testing (DST) of the identified pay zones to assess gas composition, pressure, and flow rates.

Once this is complete, the operations the drill rig and crew will be immediately mobilised to the company’s next planned helium exploration well at Greater Knappen.

Genga Nadaraju, Vice-President of Subsurface Geology at Avanti Energy, said, “Avanti’s technical team is thrilled that our first exploratory well encountered all targeted zones for potential helium.”

“We are also excited to have seen shows in an additional formation not previously identified and the team is looking forward to the further evaluation of the well.”