Expanded helium and natural gas output attainable through VVC's fresh seven-mile pipeline infrastructure
In a recent announcement provided by GlobeNewswire via QuoteMedia, VVC Exploration Corporation, a publicly traded Canadian-based mining exploration and development company (TSX-V:VVC), has made significant strides in its Helium and natural gas projects.
The Syracuse Project, located in Hamilton County, Kansas, is one of the key focus areas for VVC. The company has installed a 7-mile internal gathering system pipeline for this project, which will transport gas from VVC's helium and natural gas wells to the Tumbleweed Midstream Ladder Creek Pipeline.
The Syracuse Project's acreage includes a newly drilled and connected helium Well (Levens #2). There are currently 15 identified Well sites being permitted, with 7 drilled helium Wells waiting for completion and connection to the pipeline. Additionally, 7 additional helium Well sites are currently permitted and prepped for drilling, bringing the total potential Well sites to 50.
New leases are being added to the Syracuse Project on an opportunistic basis. The gas will be processed into helium, natural gas, and natural gas liquids at the Ladder Creek Helium Processing Plant, located in the city of Otis, Colorado.
VVC is currently focused on the Helium Projects owned by its wholly owned subsidiary, Plateau Helium Corporation. The company's portfolio also includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico, and other Helium Projects.
Trevor Burbank, President and CEO of VVC Exploration Corporation, can be reached at (214) 641-1041 or [email protected]. For office inquiries, contact 416-619-5304. Patrick Fernet, the Chief Operating Officer, can be reached at (514) 631-2727 or [email protected].
The company's office is located at 2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7.
In other news, VVC expects to shortly begin the completion of seven already drilled Wells. Once Covid-19 restrictions are lifted in the region, the company plans to resume the development of the Gloria Copper Project.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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