VVC Significantly Increases Helium & Natural Gas Production Capabilities with New Seven-mile Pipeline
09 Mayo 2022 - 3:00PM
VVC Exploration Corporation ("
VVC" or the
"
Company") is pleased to announce that it has
reached another significant milestone with the installation of 7
miles of its internal gathering system pipeline — a major
infrastructure enhancement to the Company’s Syracuse Project. The
new pipeline will seamlessly transport gas produced by the
Company’s helium and natural gas wells ("Wells") to the Tumbleweed
Midstream Ladder Creek Pipeline and for delivery to the Ladder
Creek Helium Processing Plant in Cheyenne Wells, Colorado, where it
will be processed into helium, natural gas, and natural gas
liquids.
With this system in place, the Company expects
to shortly begin the completion of seven already drilled Wells. The
current capacity of the pipeline system is 50 Wells, however the
Company plans to add additional capacity in the future.
"The completion of the internal gathering system
represents a major step forward towards VVC becoming a significant
producer of helium and natural gas," said Tony Beilman, Manager of
Gas Operations and President of Foreland Operating. "With this
strong foundation set, the Company can now increase scope and scale
of both the gathering system and the number of wells in operation
in the Syracuse Project."
More About the Syracuse
Project:
- 1 newly drilled and connected
helium Well: Levens #2 (NR 31Mar2022)
- 7 drilled helium Wells waiting for
completion and connection to pipeline
- 7 additional helium Well sites
currently permitted and prepped for drilling
- 15 identified Well sites currently
being permitted
- 50 additional potential Well
sites
- 16,400 acres located in Hamilton
County, Kansas
- New leases
continuing to be added on an opportunistic basis
About VVC Exploration
Corporation VVC is a publicly traded Canadian-based mining
exploration and development company listed on the TSX Venture
Exchange (TSX-V:VVC). With the addition of Plateau Helium
Corporation ("PHC"), VVC is a Helium and natural gas producing
company. VVC’s portfolio includes the Gloria Copper Project in
Northern Mexico, precious metals properties also in Mexico and the
Helium Projects owned by its wholly owned subsidiary, PHC. VVC is
currently focused on the Helium Projects owned by PHC and will
resume the development of Gloria Copper Project as soon as Covid-19
restrictions are lifted in the region. To learn more, visit our
website at: http://vvcexpl.com
On Behalf of the board of Directors
Michel J. Lafrance, Secretary-Treasurer
For further information, please contact:
Patrick Fernet - (514) 631-2727
pfernet@vvcexploration.com
or
Trevor Burbank - (214) 641-1041trevor@vvcexpl.com
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
2369 Kingston Road, PO Box 28059 Terry
Town, Scarborough, ON M1N 4E7 – Tel:
416-619-5304
VVC Exploration (TSXV:VVC)
Gráfica de Acción Histórica
De Ene 2025 a Feb 2025
VVC Exploration (TSXV:VVC)
Gráfica de Acción Histórica
De Feb 2024 a Feb 2025