American Noble Gas: Potential High-Growth High-Grade Helium Producer

1 year ago
6

American Noble Gas' long-term vision of becoming a leading producer of high-grade helium is supported by their expert team and recent acquisitions. The Company’s participation agreement in the Hugoton Gas Field, covering up to 50 horizontal and/or conventional wells, positions them as a strong player in the historical center of the world’s helium production. Acquisition of approx. 61% interest in GMDOC LLC oil and gas leases in April 2022, covering approx. 10,000 acres in central/south Kansas, currently generates annualized EBITDA of $2 million from production of 110 barrels of oil and 1.5 million cubic feet of natural gas per day. The leases have significant undeveloped reserves that provide increased production and cash flow potential. American Noble Gas also owns existing production and mineral rights/leasehold on approx. 11,000 acres in the Otis/Albert Field located on the Central Kansas Uplift, which currently produces commercial quantities on helium as well as oil and natural gas with seismic data indicating large untapped reserves. American Noble Gas is pursing plans to uplist to a senior US exchange. Learn more at: https://www.redchip.com/stocks/amni

Transcription:

Introducing American Noble Gas - an exploration, development, and production company capitalizing on a prolific natural gas and helium gas field opportunity. With strategic acquisitions, untapped reserves, and an expert team, they're poised to become a leading high-grade helium producer. Learn more at AMNIinfo.com.

Loading comments...