Get started

Helium

AVN.V -- Bull Flag breakout on Helium Discovery newsAVANTI ENERGY CONFIRMS MAJOR HELIUM DISCOVERY CALGARY, AB,, April 13, 2022 /CNW/ - Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company") is pleased to announce that it has finished completions on the Flathead Cambrian Zone on its WNG 11-22 Helium well in Greater Knappen, Montana, the first of three prospective zones. Completions and testing of the WNG 11-22 well's two Souris River zones, up-hole from the Cambrian, is on-going and the Company expects to publish results in the coming weeks. The Company completed an acidization and clean-up process of the Flathead Cambrian zone, after which the well peaked at over 4 mmscf/d for six days on a choke at a flowing pressure of 350 psig. "The testing results of the WNG 11-22 well's Flathead Cambrian zone is further evidence of the potential of Avanti's Greater Knappen property," commented Chris Bakker, Avanti CEO. "To have these results from only our second well is an incredible outcome and testament to the quality of our entire team." Avanti has contracted IHSMarkit to analyze the flow and build-up test, and McDaniel & Associates to evaluate the reservoir's resource potential. Preliminary lab results show the gas composition of the Cambrian Zone to be, 97.5 % Nitrogen, 1.1 % Helium, 1.1% Methane, 0.3% Co2, and trace amounts of other hydrocarbons. With the primary gas being Nitrogen the Company is thrilled to have discovered a green helium play, as Nitrogen is not a Green House Gas it can be safely vented into the atmosphere with no environmental impacts. Based on these results, the Company is pursuing a facility design based on an inlet production rate of 5 mmcf/d of raw gas, resulting in an estimated 55Mcf/d of net helium. A review of publicly available data shows the first and second most productive helium wells in Canada are producing at ~60Mcf/d and ~50.6Mcf/d, respectively1. "With the Amur plant in Russia remaining offline for the foreseeable future and the suspension of production at the US government (BLM) plant in Amarillo, TX, the broader helium market continues to show incredibly favourable conditions," continued Mr. Bakker. "With wholesale prices exceeding US$600/mcf and retail prices as high as US$2,000/mcf our focus is shifting to facilities engineering and commercial agreements with a goal of realizing cashflow as quicky as possible." The Company has tendered an RFP to several engineering firms to proceed with facilities design with the goal of bringing the WNG 11-22 well into production as quickly as possible, and proceeding with drilling plans for appraisal wells to determine the size of the reservoir on the WNG 11-22 well.
TSXV:AVNLong
by wealth_bakery
HNT displays an interesting chart pattern near the vital supportHelium coin is growing rapidly nowadays and the price action of crypto gives double bottom chart pattern. The key support area for the HNT coin is $20, where the bulls have been barely managing a cost above it since late January. HNT holders are approaching the Red indication line of the Super Trend indicator in terms of the daily price chart. The Helium coin has been consolidating in a broader horizontal range over the past several weeks, where sellers hold $30-key resistance and bulls barely manage a price above $20. Stoch RSI saw a bullish move after dipping into oversold area and now the RSI is looking towards overbought area in terms of the daily price chart. However, the Relative Strength Index (RSI) is yet to test its overbought territory on the daily price chart and is now trading at 59-mark. The semi-line (50-point) may act as a support line in the upcoming trading sessions. The Average Directional Index (ADX) is set to move below the 20-level. Suggest a slight neutral momentum for a helium coin. The overall cryptocurrency market appears to be stable and there is an opportunity for Helium holders to break the neckline of the double bottom formation and return to the bullish rally.
HLong
by TheCoinRepublic
HNT/USDT TA: 22.3.19HNT has broken its downward trendline and is below 24.5 resistance. If the resistance breaks, you have to wait for the proper pullback and candle pattern to activate the long position But if the resistance is not broken, it can pullback to the range of 22.5 (green). If you see a suitable candlestick pattern in the area of 22.5 and 15 minutes in time frame, you can enter the long position. The limit of losses and goals of both scenarios are specified in the chart. ⚠️ This Analysis will be updated ... 👤 Sadegh Ahmadi: @SDQ_Crypto 📅 19.Mar.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
HLong
by SDQ_Crypto
HNT - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. HNT is overall bullish and now approaching the lower bound/brown trendline, so we will be looking for buy setups. Moreover, the zone 20.0-25.0 is a resistance turned into support. on DAILY: HNT is forming a wedge pattern in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, HNT would be overall bearish can still trade lower inside the horizontal support in green, where we will be looking for new buy setups to form. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
HLong
by TheSignalyst
8
HNTUSD Buy above the 1D MA50Helium has been trading within a Bear Phase (red) since the November 07 2021 High. It is virtually repeating the previous Bear Phase of April 06 - July 25, which ended when the price broke above the 1D MA50 (blue trend-line) that kickstarted the Bull Phase that peaked on the November 07 High. The RSI sequences of the two phases were both on Lower Highs. Expect a new Bull Phase on HNTUSD when the price breaks again above the 1D MA50. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
H
by TradingShot
2
🔥 HNT Further Potential Downside Before ReversalHNT has been one of my favorite alts since the summer-21 bear market. Since the start of 2021, this token has been following a clear up-trending trend line. My assumption is that this trend line will offer huge support in case the price will drop further. So, in case the price will drop, I'm expecting the price to find support around the yellow marked area. Hopefully we can see a stronger reversal from there. Not saying we have to go to the yellow area, only looking for potential entries in case we do. Happy trading!
H
by FieryTrading
2