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Rework of a Pre-Existing Oil Well in Southwest Kansas

Rework of a Pre-Existing Oil Well in Southwest Kansas

堪萨斯州西南部一口原有油井的返工
GlobeNewswire ·  04/17 08:00

TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- VVC Exploration Corporation, dba VVC Resources, ("VVC") or (the "Company"), (TSX-V:VVC and OTCQC:VVCVF) announces the rework of a pre-existing oil well in southwest Kansas as a test for oil production in the region.

多伦多,2024年4月17日(GLOBE NEWSWIRE)——VVC勘探公司、dba VVC Resources(“VVC”)或(“公司”)(TSX-V: VVC和OTCQC: VVC)宣布对堪萨斯州西南部一口先前存在的油井进行返工,以测试该地区的石油产量。

Initiation of Ardery Oil Well Rework
Building on its experience in natural resource management, especially recent work in Kansas, VVC has leveraged its subsurface mineral rights to examine the feasibility of oil production in an area where the Company is already involved in helium and natural gas production. Through geological due diligence, VVC has confirmed the potential for oil production within the area. This confirmation aligns with historic data indicating over 12 million barrels of oil production directly north of Ardery well site.

Ardery 油井返修工作启动
凭借其在自然资源管理方面的经验,尤其是最近在堪萨斯州开展的工作,VVC利用其地下矿产权,研究了在该公司已经参与氦气和天然气生产的地区进行石油生产的可行性。通过地质尽职调查,VVC确认了该地区石油生产的潜力。这一确认与历史数据一致,这些数据表明阿德里油井场以北的石油产量超过1200万桶。

Operational Strategy and Zonal Potential
The Ardery test is distinguished by its multi-zone production potential, comprising the Morrow Sandstone and the underlying St. Louis Limestone "B" & "C" zones. This project, if successful will enhance the economic outlook of VVC's Kansas projects.

运营策略和区域潜力
Ardery 测试的特点是其多区域生产潜力,包括莫罗砂岩和底层的圣路易斯石灰岩 “B” 和 “C” 区。该项目如果成功,将改善VVC在堪萨斯州的项目的经济前景。

Jim Culver, CEO & President of VVC, stated, "The initiation of the Ardery oil well rework offers significant opportunity for VVC to test the potential for oil production in the areas where the Company is involved with helium and natural gas exploration and production at a relatively low cost."

VVC首席执行官兼总裁吉姆·卡尔弗表示:“Ardery油井返修的启动为VVC以相对较低的成本测试该公司参与氦气和天然气勘探和生产的地区的石油生产潜力提供了重要机会。”

A Continued Commitment to Sustainable Practices
VVC remains dedicated to environmentally responsible practices. The Company's operations are conducted with the utmost regard to ensuring sustainability, minimal environmental impact and adherence to the highest industry standards and best practices.

对可持续实践的持续承诺
VVC 仍然致力于采取对环境负责的做法。公司的运营以最大限度地确保可持续性、最大限度地减少对环境的影响并遵守最高的行业标准和最佳实践。

About VVC Resources
VVC engages in the exploration, development, and management of natural resources - specializing in scarce and increasingly valuable materials needed to meet the growing, high-tech demands of industries such as manufacturing, technology, medicine, space travel, and the expanding green economy. Our portfolio includes a diverse set of multi-asset, high-growth projects, comprising: Helium & industrial gas production in western U.S.; Copper & associated metals operations in northern Mexico; and Strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly-traded company on the TSXV (TSX-V:VVC) and on the OTC Market (OTCQB:VVCVF). To learn more, visit our website at: .

关于 VVC 资源
VVC从事自然资源的勘探、开发和管理,专门研究稀缺且价值越来越高的材料,以满足制造业、技术、医药、太空旅行和不断扩大的绿色经济等行业不断增长的高科技需求。我们的投资组合包括一系列多样化的多资产、高增长项目,包括:美国西部的氦气和工业气体生产;墨西哥北部的铜及相关金属业务;以及对碳封存和其他绿色能源技术的战略投资。VVC是一家总部位于加拿大的上市公司,在多伦多证券交易所(TSX-V: VVC)和场外交易市场(OTCQB: VVCVF)上市。要了解更多信息,请访问我们的网站,网址为: 。

On behalf of the Board of Directors
Michel J. Lafrance, Secretary-Treasurer
For further information, please contact:
Patrick Fernet - (514) 631-2727 (FR) or Emily Bigelow - (615) 504-4621 (EN)
E-mail: pfernet@vvcexploration.com E-mail: info@vvcresources.com
代表董事会
米歇尔·拉弗朗斯,秘书兼财务主管
欲了解更多信息,请联系:
帕特里克·费内特-(514)631-2727(法国) 要么 Emily Bigelow-(615) 504-4621 (EN)
电子邮件:pfernet@vvcexploration.com 电子邮件:info@vvcresources.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.


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