American Noble Gas Commences Drilling Operations on Initial Exploratory Well to Explore and Develop Natural Gas, Helium and Brine Minerals in the Hugoton Field
American Noble Gas Commences Drilling Operations on Initial Exploratory Well to Explore and Develop Natural Gas, Helium and Brine Minerals in the Hugoton Field
The initial exploratory well will evaluate multiple members of the targeted formation applying normal and unconventional evaluation methods. Such methods will include appropriate gas detection, electric and radioactive logging in order for the Hugoton Farm-out Venture to determine the commercial viability of the natural gas and helium reserves in place. While utilizing unconventional methods, our exploratory well may reveal important data on previously untapped gas in-place reserves of natural gas and helium gas which may indicate the discovery of substantial new reserves within the Hugoton Gas Field.Hugoton Farm-out Venture Begins Multi-Year Drilling and Exploration Program for up to Fifty Vertical or Horizontal Wells Inside the Hugoton Gas Field in Haskell and Finney Counties, Kansas
哈格頓外包 風險投資 B蛋黃M多-Y耳朵D打磨和E演繹P程序用於堪薩斯州哈斯凱爾縣和芬尼縣Hugoton氣田內多達50口垂直或水平井
Lenexa, KS, April 28, 2022 (GLOBE NEWSWIRE) -- American Noble Gas, Inc. (OTC-QB: IFNY) ("AMGAS" or the "Company"). An independent oil, gas and noble gas exploration and development company announced that the drilling rig has moved on location today and is in process of spudding the initial well and setting surface casing. This marks the commencement of exploratory drilling operations regarding AMGAS's participation in its previously announced farm-out agreement (the "Hugoton Farm-out Venture") to develop its natural gas, helium and brine mineral interests in the Hugoton Field in Haskell and Finney Counties Kansas.
肯塔基州勒內薩，2022年4月28日(環球通訊社)美國諾布爾天然氣公司(場外交易代碼：IFNY)(“Amgas”或“公司”)。一家獨立的石油、天然氣和稀有天然氣勘探開發公司宣佈，鑽井平臺今天已經就位，正在進行初始井的鑽探和地面套管的下入。這標誌着Amgas參與其先前宣佈的外包協議(“Hugoton Farm-out Venture”)的勘探鑽探作業的開始，以開發其在堪薩斯州哈斯凱爾和芬尼縣Hugoton油田的天然氣、氦和滷水礦產權益。
The Hugoton Farm-out Venture has been granted a permit by the State of Kansas for its initial well in which AMGAS has acquired a 40% participation together with three other venture partners and has commenced exploration drilling operations with surface casing to be cemented within thirty-six (36) hours and the target pay-zone formations expected to be reached with testing beginning on or about May 3rd 2022.
Hugoton Farm-Out Venture已獲得堪薩斯州的許可，在該項目中，Amgas與其他三個合資夥伴一起獲得了40%的股份，並已開始勘探鑽探作業，表層套管將在三十六(36)小時內固井，預計將於2022年5月3日左右開始測試，達到目標產層。
The initial exploratory well will evaluate multiple members of the targeted formation applying normal and unconventional evaluation methods. Such methods will include appropriate gas detection, electric and radioactive logging in order for the Hugoton Farm-out Venture to determine the commercial viability of the natural gas and helium reserves in place. While utilizing unconventional methods, our exploratory well may reveal important data on previously untapped gas in-place reserves of natural gas and helium gas which may indicate the discovery of substantial new reserves within the Hugoton Gas Field.
最初的探井將使用常規和非常規評價方法對目標地層的多個成員進行評價。這些方法將包括適當的氣體探測、電測和放射性測井，以便Hugoton Farm-out Venture確定現有天然氣和氦儲量的商業可行性。在利用非常規方法的同時，我們的探井可能會揭示以前未開發的天然氣原地儲量的重要數據，這可能表明Hugoton氣田內發現了大量新的儲量。
AMGAS and its Venture partners will perform all testing of the target zones it considers necessary to determine the existence of natural gas and helium reserves in-place including the commercial viability of producing both natural gas and helium in the exploratory well. The exploratory well will be completed for production activities pending results of the relevant testing procedures and processes. The Company will apprise shareholders of its progress including the release of appropriate test data and initial production data assuming the exploratory well is completed for production.
Amgas及其合資夥伴將對目標區域進行其認為必要的所有測試，以確定是否存在天然氣和氦儲量，包括在探井中生產天然氣和氦的商業可行性。探井將在相關測試程序和工藝結果出來之前完成生產活動。該公司將向股東通報其進展情況，包括公佈適當的測試數據和初步生產數據，假設探井已完成投產。
Management commentary:
管理評論：
Stanton E. Ross, Chairman and Chief Executive Officer of AMGAS remarked that "the Hugoton Farm-out Venture of which we are a 40% participant, will be applying unconventional methodologies and technologies to discover and reinvigorate previously unexplored target zones contained within the Hugoton Gas Field. The Hugoton Gas Field has previously been considered a depleted conventional 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", commented Stan Ross, Chairman and CEO. He further stated, "I am at a point in my career that I want to pioneer a project that can have an impact on the entire noble gas industry, not just AMGAS and the Hugoton Farm-Out Venture. Rest assured, AMGAS and its Hugoton Farm-Out Venture will enjoy the benefits of its discovery, in the event we make one, very soon. 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 in the Hugoton Gas. The Hugoton Gas Field is currently recognized as containing the largest reserves of helium in the United States even though it is currently considered as depleted. We believe that commercial-level reserves of helium may remain present in the acreage, included in our Hugoton Farm-out Agreement.
Amgas公司董事長兼首席執行官斯坦頓·E·羅斯表示：“我們是該公司40%的參與者的Hugoton分包公司將申請非常規發現和振興Hugoton氣田內以前未勘探的目標區的方法和技術。Hugoton氣田此前一直被認為是枯竭的傳統型氣田。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，特別是該油田可能仍然藴藏的氦氣儲量“，董事長兼首席執行官Stan Ross評論道。他進一步表示：”我正處於職業生涯的一個階段，我想開創一個能夠對整個惰性氣體行業產生影響的項目，而不僅僅是Amgas和Hugoton Farm-out Venture。請放心，如果我們很快就會發現它，Amgas和它的Hugoton Farm-out合資企業將享受到它的好處。Hugoton分包合資企業擁有勘探和開發Hugoton Gas所含天然氣、氦和其他惰性氣體以及滷水礦物的合同權利。Hugoton氣田目前被認為擁有美國最大的氦儲量，儘管它目前被認為是枯竭的。我們相信，商業級別的氦儲量可能會繼續存在於我們的休格頓外包協議所包括的種植面積中。
The Company's newly appointed advisory board and our service agreement with US Noble Gas, pairs us with specialists who can provide invaluable help to the Hugoton Gas Field Venture for developing its reserves of helium and brine minerals. Helium is a rare noble gas with considerable value relative to natural gas (methane). It is used in many high-value applications such as MRI coolants, space exploration and microchip manufacturing.
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，為我們配備了專家，他們可以為Hugoton天然氣田合資企業開發其氦和滷水礦物儲量提供寶貴的幫助。氦是一種稀有的惰性氣體，相對於天然氣(甲烷)具有相當大的價值。它被用於許多高價值的應用，如核磁共振冷卻劑、太空探索和微芯片製造。
"The world is currently facing a well-publicized shortage of helium and the world needs helium", added Mr. Ross, "The Hugoton Gas Field Venture is spudding its first exploratory well in the coming days and will test gas that is produced from its test well and report such analysis in updates to follow, further we remain keenly interested in the brine mineral potential." concluded Mr. Ross.
“全球目前正面臨着眾所周知的氦短缺問題，世界需要氦，”羅斯補充説，“休格頓氣田合資企業將在未來幾天打出第一口勘探井，並將測試井生產的天然氣進行測試，並在隨後的更新中報告此類分析結果，此外，我們仍對滷水礦產潛力非常感興趣。”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, 2021as 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以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)及其基本假設的初步分析及估計的準確性；有關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；在鑽探及測試前無法預測任何特定的勘探項目是否會生產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；估計勘探中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本身就缺乏精確度；公司是否會成功地勘探商業數量的石油和天然氣以外的礦產儲量，包括開發該等儲量的基礎儲量以及在必要時找到合格合作伙伴的能力, 這些問題包括：以公司可以接受的條款和條件與誰進行其勘探和開發計劃；公司從礦產中開採石油和天然氣的能力以及從礦產中開採石油的成本、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；以可接受的條件提供服務、鑽井和完井的結果；美國對石油和天然氣的監管變化；以及債權人對公司的債務或其他財務義務採取的行動；以及公司解決其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。
