Avanti Energy Inc. announced that it has successfully completed the drilling phase of its first helium well, Rankin 01-17, on its 100%-owned Greater Knappen project, located in Montana. The Rankin 01-17 well has now been drilled to a total depth of 5,860 feet and has identified multiple potential helium zones. Avanti's technical team is proceeding with open hole logging and drill stem testing (DST) of the identified pay zones to assess gas composition, pressure, and flow rates.

After these operations the drill rig and crew will be immediately mobilized to the Company's next planned helium exploration well at Greater Knappen.