American Noble Gas Provides Update on Completion of Initial Well to Produce Natural Gas and Helium in the Hugoton Field
American Noble Gas Provides Update on Completion of Initial Well to Produce Natural Gas and Helium in the Hugoton Field
Target Zones in the Initial Well have been Successfully Perforated with Final Completion to Begin on or about June 20, 2022. The New Well Establishes the Potential Existence of Significant Natural Gas and Helium Reserves Inside the Hugoton Gas Field in Haskell and Finney Counties, Kansas.
目標區域中的初始井已成功射孔並最終完工，將在其上開始或關於2022年6月20日. 新油井建立ES這個有意義的潛在存在天然氣和氦儲量堪薩斯州哈斯凱爾縣和芬尼縣的哈戈頓氣田內.
Lenexa, KS, June 14, 2022 (GLOBE NEWSWIRE) -- American Noble Gas, Inc. (OTC-QB: IFNY) ("AMGAS" or the "Company") is pleased to provide an update on its drilling and completion operations regarding AMGAS's participation in its previously announced farm-out agreement (the "Hugoton Farm-out Venture") to develop its oil and gas and brine interests in the Hugoton Field in Haskell and Finney Counties Kansas. The initial well was successfully drilled and logged indicating the potential discovery of substantial new reserves within the Hugoton Gas Field which the Company believes could reinvigorate the Hugoton Gas Field, the largest conventional onshore natural gas and helium field in North America.
肯塔基州勒內薩，2022年6月14日(環球通訊社)美國諾布爾天然氣公司(場外交易代碼：IFNY)(以下簡稱“Amgas”或“公司”)很高興地提供有關Amgas參與之前宣佈的分包協議(“Hugoton Farm-out Venture”)的鑽井和完井業務的最新情況，以開發其在堪薩斯州哈斯凱爾和芬尼縣Hugoton油田的石油、天然氣和鹽水權益。首口油井已成功鑽井及錄井，顯示Hugoton氣田內可能發現大量新儲量，本公司相信可重振Hugoton氣田，該氣田為北美最大的陸上常規天然氣及氦氣田。
The initial well in which AMGAS has acquired a 40% participation together with three other venture partners was spud on May 7, 2022 with production casing set after testing and completion logs identified at least two potential zones with substantial gas and helium reserves. One of the zones of particular interest revealed a gas show across it. This particular zone was below previous completion attempts in a neighboring well and the completion logs of the zone revealed indications of permeability. The other zone that was previously completed in a neighboring well appeared to release gas while drilling indicating that gas reserve potential exists.
Amgas與其他三個風險合作伙伴一起獲得40%股權的最初油井是在2022年5月7日鑽出的，測試和完井日誌確定了至少兩個潛在的天然氣和氦儲量，從而確定了生產套管。其中一個特別令人感興趣的區域展示了它對面的天然氣展示。這一特殊油層低於之前在鄰近油井進行的完井嘗試，該油層的完井記錄顯示出滲透率的跡象。之前在鄰近油井完成的另一個區塊似乎在鑽井時釋放了天然氣，這表明天然氣儲量潛力是存在的。
The initial well was successfully perforated last week across two lower intervals of the Chase group of formations. The fracture stimulation has been designed to include at least two stages, the first of which will commence on or about June 20, 2022. This stimulation will consist of sand and nitrogen-based foam across the existing perforated intervals. The second stage will be performed across an upper interval to be perforated shortly after the first frac stage.
The Company expects data on flow rates and gas composition the first week of July. Electricity and pipeline infrastructure are currently being prepared to connect the new well to produce the potential methane and helium gases and for disposal of produced water. AMGAS and its Venture partners intend to complete the well as expeditiously as possible subject to potential adverse weather conditions and the availability of raw materials and oil and gas service companies. The Company will continue to apprise investors as additional information becomes available.
上週，第一口井成功射孔了蔡斯組地層的兩個較低層段。骨折刺激計劃至少包括兩個階段，第一個階段將於2022年6月20日左右開始。這一增產措施將包括現有射孔井段的砂巖和氮基泡沫。第二階段將在第一壓裂階段之後不久射孔的上部井段上進行。
該公司預計7月第一週將公佈流量和氣體成分數據。電力和管道基礎設施目前正在準備連接新油井，以生產潛在的甲烷和氦氣體，並用於處理採出的水。Amgas及其風險合作伙伴打算根據潛在的不利天氣條件以及原材料和石油和天然氣服務公司的可用性，儘快完成油井。當獲得更多信息時，公司將繼續通知投資者。
Management commentary:
管理評論：
Stanton E. Ross, Chairman and Chief Executive Officer of AMGAS remarked that "the Hugoton Farm-out Venture's drilling program has started off very well with the planned completion of its initial well. We believe that our completion logs and tests have revealed the potential for large in-place reserves of natural gas and helium in our targeted zones. The Hugoton Gas Field has previously been considered a depleted conventional gas field but our exploratory well results may serve to reinvigorate the entire Hugoton Gas Field. The Hugoton Farm-Out Venture sees the logic of its unconventional theories and the potential impact it may have, in particular the helium reserves that the field may still contain", added Stan Ross. He further stated, "The Hugoton Farm-Out Venture has the contractual rights to explore and develop natural gas, helium and other noble gases as well as brine minerals contained inside the Hugoton Gas Field in Haskell and Finney Counties, Kansas.
Amgas董事長兼首席執行官斯坦頓·E·羅斯表示：“Hugoton Farm-out Venture的鑽探計劃開始得很好，按計劃完成了最初的油井。我們相信，我們的完井記錄和測試顯示，我們目標區域內有大量天然氣和氦的原地儲量。Hugoton氣田以前一直被認為是枯竭的。傳統型但我們的勘探井結果可能有助於重振整個Hugoton氣田。Stan Ross補充説，Hugoton Farm-out Venture看到了其非傳統理論的邏輯和它可能產生的潛在影響，特別是該氣田可能仍包含的氦儲量。他進一步表示：“Hugoton Farm-out Venture擁有勘探和開發天然氣、氦和其他惰性氣體以及堪薩斯州哈斯凱爾和芬尼縣Hugoton氣田內滷水礦物的合同權利。
The Company's newly appointed advisory board and our service agreement with US Noble Gas, pairs us with specialists who are providing invaluable help to the Hugoton Gas Field Venture for developing its reserves of helium and brine minerals. "The world is currently facing a well-publicized shortage of helium and the world needs helium", added Mr. Ross, "The Hugoton Gas Field Venture may have just discovered new gas and helium reserves contained inside the Hugoton Gas Field in Haskell and Finney Counties, Kansas that may help alleviate the shortage of those gases, further we remain keenly interested in the brine mineral potential." concluded Mr. Ross.
公司新任命的顧問委員會和我們與美國諾布爾天然氣公司簽訂的服務協議，使我們與為Hugoton天然氣田合資企業開發其氦和滷水礦物儲量提供寶貴幫助的專家配對。羅斯補充説：“世界目前正面臨着眾所周知的氦短缺，世界需要氦。”羅斯補充説，“哈戈頓氣田合資企業可能剛剛在堪薩斯州哈斯凱爾縣和芬尼縣的霍戈頓氣田內發現了新的天然氣和氦儲量，這可能有助於緩解這些氣體的短缺，此外，我們仍然對滷水礦產潛力感興趣。”羅斯先生總結道。
About the Hugoton Gas Field:
關於這個Hugoton氣田：
The Hugoton Gas Field is a prolific natural gas and helium gas field located in the States of Kansas, Oklahoma, and Texas. Its name is derived from the town of Hugoton Kansas near which the Hugoton Field was first discovered. Natural gas in the Hugoton gas field was first discovered in 1919 near Liberal, Kansas at a depth of 2,919 feet below surface but was shut-in for three years because it did not find oil. In 1922 the well was completed as a gas well, but there was little demand for natural gas in the area and it was years before another gas well was drilled in the field.
Hugoton天然氣田是一個多產的天然氣和氦氣田，位於堪薩斯州、俄克拉何馬州和德克薩斯州。它的名字來源於堪薩斯州的哈戈頓小鎮，在那裏附近首次發現了哈戈頓油田。Hugoton氣田的天然氣於1919年在堪薩斯州自由市附近首次發現，深度為2919英尺，但由於沒有發現石油，該氣田被關閉了三年。1922年，這口氣井作為氣井完工，但該地區對天然氣的需求很小，幾年後，又在該氣田鑽探了另一口氣井。
In 1927, gas was discovered at about 2,600 feet below the surface southwest of Hugoton, Kansas which is now considered the center of the Hugoton Field. By the end of 1928, five wells had been drilled in the field and the first pipeline was transporting gas to local markets.
1927年，在堪薩斯州赫戈頓西南約2600英尺的地表下發現了天然氣，那裏現在被認為是哈戈頓油田的中心。到1928年底，該油田已經鑽了5口井，第一條管道正在向當地市場輸送天然氣。
In 2007, the Hugoton gas area produced 358 billion cubic feet of gas, making it the 5th largest source of natural gas in the United States. The Hugoton currently (2022) ranks second in cumulative natural gas production and eighth in estimated total reserves globally.
2007年，休格頓氣田的天然氣產量為3580億立方英尺，是美國第五大天然氣來源地。哈戈頓目前(2022年)的天然氣累計產量在全球排名第二，估計總儲量排名第八。
The natural gas in the Hugoton field of Kansas and Oklahoma, plus the Panhandle Field of Texas, contains unusually high concentrations of helium, from 0.3% to 1.9%. Because of the large-size of these fields, it is recognized to contain the largest reserves of helium in the United States. Helium is separated out as a byproduct from natural gas, from the Hugoton field, the Panhandle field in Texas, the Greenwood field in Kansas, and the Keyes field in Oklahoma.
堪薩斯州和俄克拉何馬州的Hugoton氣田以及德克薩斯州的PanHandle氣田的天然氣含有異常高的氦濃度，從0.3%到1.9%不等。由於這些油田的規模很大，它被公認為藴藏着美國最大的氦儲量。氦作為副產品從天然氣中分離出來，分別來自Hugoton氣田、德克薩斯州的PanHandle氣田、堪薩斯州的Greenwood氣田和俄克拉何馬州的Kyes氣田。
About American Noble Gas, Inc.:
關於美國諾布爾天然氣公司：
AMGAS has recently acquired current oil & gas production and the mineral rights to approximately 11,000 acres in the Otis/Albert Field located on the Kansas Central Uplift. Prior to the recent acquisition, AMGAS had been involved in oil and gas exploration, development and production of natural gas and oil in Texas and the Rocky Mountain region of the United States as well as an oil field service company located in Eastern Kansas, Northern Oklahoma, Colorado and Wyoming prior to December 2012. AMGAS was founded in 1987, is headquartered in Lenexa, Kansas and its common stock is listed on the OTC-QB under the symbol "IFNY". The Company's financial statements and additional information are available on the Internet at .
Amgas最近收購了目前的石油和天然氣生產以及位於堪薩斯州中央隆起的奧的斯/阿爾伯特油田約11,000英畝的採礦權。在最近的收購之前，Amgas參與了德克薩斯州和美國落基山地區的石油和天然氣勘探、開發和生產，並在2012年12月之前參與了一家位於堪薩斯州東部、俄克拉荷馬州北部、科羅拉多州和懷俄明州的油田服務公司。Amgas成立於1987年，總部設在堪薩斯州Lenexa，其普通股在場外交易市場QB上市，代碼為“IFNY”。該公司的財務報表和其他信息可在互聯網上查閲，網址為：。
Forward-Looking Statement:
前瞻性陳述:
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward-looking statements in this press release include the following: whether the Company will be successful in exploring for noble gases including developing commercially efficient production of its noble gas reserves, developing the oil & gas reserves of the Oil & Gas Properties; whether the TORP Agreement will provide the desired beneficial engineering and development data to increase production of oil & gas from the Oil & Gas Properties, whether the Company will be successful in workover/stimulation activities of existing producing oil & gas wells that result in increased production of the Properties; whether the Company will be able to execute its exploration and development plans for the Properties, including obtaining the required financing; whether the required financing for the exploration & development of the Properties can be obtained on terms favorable to the Company and its shareholders; the quantity of hydrocarbons beneath the Properties and whether they can be economically extracted; the accuracy of the consultants' preliminary analysis and estimate of the recoverable oil & gas reserves (including noble gas reserves) on the Properties and their underlying assumptions; whether or to what extent the relevant geological zone contains hydrocarbons and/or noble gas; the inability to predict, in advance of drilling and testing, whether any particular prospect will yield oil in sufficient quantities to recover drilling and/or completion costs or to be economically viable; the fact that the process of estimating the quantity of oil in a prospect is complex, requiring the interpretation of available technical data and many assumptions; the potential for significant inaccuracies in such interpretations and assumptions that could materially affect the Company's estimates or those of its consultants; the necessity for estimates to be based upon available geological, geophysical and engineering data that can vary in quality and reliability; the inherent lack of precision in estimates involving the quantity of oil and noble gases in the development project in Kansas as a result of the foregoing; whether the Company will be successful in exploring for the existence of mineral reserves other than oil & gas in commercial quantities including the development of the underlying reserves of such reserves and its ability to find a qualified partner, if necessary, with whom to pursue its exploration and development program on terms and conditions acceptable to the Company; the Company's ability to extract oil and gas from the Properties and the costs and technical and other challenges of extracting oil from the Properties; variations in the prices of oil and gas, unexpected negative geological variances, governmental uncertainties in Kansas; operating risks, delays and problems, the availability of services on acceptable terms, the results of drilling and completions; changes United States regulation respecting oil and gas; and actions by creditors with respect to debt or other financial obligations of the Company; and its ability to resolve its liquidity and capital requirements. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended December 31, 2021 and its Form 10-Q for the three months ended March 31, 2022 as filed with the Securities and Exchange Commission.
本新聞稿包括可能構成“前瞻性”陳述的陳述，通常包含“相信”、“估計”、“項目”、“預期”或類似的表述。這些聲明是根據1995年《私人證券訴訟改革法》的安全港條款作出的。前瞻性陳述本身就包含風險和不確定因素，可能導致實際結果與前瞻性陳述大不相同。本新聞稿中的前瞻性陳述包括：公司在勘探惰性氣體方面是否成功，包括開發其惰性氣體儲量的商業高效生產，開發石油和天然氣屬性的石油和天然氣儲量；Torp協議是否將提供預期的有益工程和開發數據，以增加石油和天然氣屬性的石油和天然氣產量；公司是否能夠成功地對現有生產油氣井進行修井/刺激活動，從而導致該屬性的產量增加；公司是否能夠執行其屬性的勘探和開發計劃， 包括取得所需的融資；該等物業的勘探及開發所需的融資能否按對本公司及其股東有利的條款獲得；該等物業下的碳氫化合物的數量及其是否可經濟地開採；顧問對該等物業的可採石油及天然氣儲量(包括惰性天然氣儲量)的初步分析及估計的準確性及其基本假設；有關的地質地帶是否含有碳氫化合物及/或惰性氣體，或在多大程度上含有碳氫化合物及/或惰性氣體；在鑽探及測試之前，無法預測任何特定的勘探項目是否會產生足夠數量的石油以收回鑽井及/或完井成本或在經濟上可行；事實是，估計勘探中的石油數量的過程是複雜的，需要解釋現有的技術數據和許多假設；這種解釋和假設中可能存在重大不準確，可能對公司的估計或其顧問的估計產生重大影響；估計必須基於質量和可靠性可能不同的現有地質、地球物理和工程數據；由於上述原因，涉及堪薩斯州開發項目中石油和惰性氣體數量的估計固有地缺乏精確度；在勘探商業數量的石油和天然氣以外的礦產儲量方面，公司是否會成功，包括開發這些儲量的潛在儲量，以及在必要時找到合格合作伙伴的能力，以便按照公司可以接受的條款和條件進行勘探和開發計劃；公司從這些資產開採石油和天然氣的能力，以及從這些資產開採石油的成本、技術和其他挑戰；石油和天然氣價格的變化，意想不到的負地質差異，堪薩斯州政府的不確定因素；經營風險，延誤和問題，按可接受的條件提供服務，鑽井和完井的結果；改變美國關於石油和天然氣的規定；債權人對公司的債務或其他財務義務採取的行動；以及公司解決流動性和資本要求的能力。有關可能對公司及其運營產生重大影響的因素的更多信息載於截至202年12月31日的年度報告Form 10-K中。1以及截至2022年3月31日的三個月的10-Q表格如文件所示H美國證券交易委員會。
For Additional Information, Please Contact:
如需更多信息，請聯繫：
Stanton E. Ross, CEO, at 816-955-0532
斯坦頓·E·羅斯，首席執行官，電話：816-955-0532
譯文內容由第三人軟體翻譯。