Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Investing

Rework of a Pre-Existing Oil Well in Southwest Kansas

by April 18, 2024
April 18, 2024
Rework of a Pre-Existing Oil Well in Southwest Kansas

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.

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.

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.

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.’

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.

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: www.vvcresources.com .

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


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.

2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7 – Tel: 416-619-5304

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Source Rock Royalties: A Pure-play on Oil & Gas Royalties in Western Canada
next post
Baselode to Begin Bear Uranium Project Drill Program and Updates on Catharsis

Related Posts

Top 9 Lithium-producing Countries (Updated 2024)

May 17, 2024

NorthStar Gaming is First to Market with a...

November 23, 2023

Apple Beats on Revenue Despite AI Hiccups and...

January 31, 2025

Google’s Ad Tech Business Faces Uncertainty After Court...

April 18, 2025

Los Andes Copper

December 2, 2023

Cobalt Market Update: Q1 2024 in Review

May 8, 2024

Top 5 Canadian Mining Stocks This Week: Euro...

March 29, 2025

Multi-Commodity Approach to Drive All Future Companies, Says...

October 9, 2023

Altech Batteries

December 16, 2023

5 Top Weekly TSXV Stocks: Bravo Mining Gains...

June 3, 2024

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Five-foot Toy Story 3 bear draws the crowds at Costco’s first store in ‘China’s Silicon Valley’

      January 15, 2024
    • 2

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 3

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 4

      Top 10 Oil-producing Countries (Updated 2023)

      August 24, 2023
    • 5

      Top 10 Tungsten-p​roducing Countries (Updated 2024)

      May 15, 2024
    • 6

      New York Dem backtracks after calling for Trump to be ‘eliminated’

      November 21, 2023
    • 7

      Rare Earths Reserves: Top 8 Countries (Updated 2023)

      September 14, 2023

    Categories

    • Business (1,002)
    • Investing (2,010)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,303)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved