VVC Exploration begins central Kansas uplift project

Executive Summary

• VVC Resources, via its subsidiary Plateau Helium Corp., announces the commencement of the Central Kansas Uplift (CKU) helium‑rich natural gas project.
• The company has secured a 10,875‑acre lease package in Rush and Pawnee counties, Kansas, encompassing 160 identified drilling locations across up to eight stacked reservoirs.
• Development will proceed in phased stages, leveraging existing mid‑stream infrastructure (pipelines, processing facilities, helium liquefier) to manage capital intensity while expanding the lease footprint.

Key Details

• Project Scope: Targets helium concentrations of 1.5 %–6 % within multiple stacked reservoirs at depths of 2,500 – 5,000 ft.
• Lease Position: 10,875 acres leased; area of interest (AOI) contains 160 potential drilling locations.
• Geologic Advantage: Up to eight helium‑rich zones per wellbore, supported by extensive historic well data for de‑risking.
• Infrastructure Access: Existing gas pipelines, processing facilities, and a helium liquefier located within the AOI facilitate rapid development.
• Development Plan: Phased approach prioritizing additional wells and processing access; lease expansion will be evaluated as the fairway matures.
• Strategic Rationale: Aligns subsurface helium resources with mid‑stream assets to create a cost‑effective growth pathway for VVC’s helium portfolio.

Notable Quotes

“In CKU, we are aligning subsurface opportunities with existing mid‑stream access,” said Chairman Dr. Terrence Martell, PhD. “The combination of stacked zones, documented helium in historic gas and oil wells, and existing pipelines provides a practical pathway to add wells methodically while managing capital intensity.”