Avanti Energy Inc.

09:46 AM EST - Avanti Energy Inc. : Has received a total unrisked contingent resource estimate of 187MMcf of net recoverable helium gas (based on a raw gas estimate of 17 billion cubic feet ("Bcf") recoverable and net helium concentration of 1.1%) prepared by McDaniel & Associates Consultants Ltd., a qualified reserves evaluator, for the Company's WNG 11-22 helium well and underlying structure in the Greater Knappen Property, located in Montana. This volume represents the best estimate of the unrisked contingent resource. The low and high estimates of unrisked contingent resources are 66MMcf and 374MMcf of recoverable helium gas (based on 6 Bcf and 34 Bcf recoverable raw gas), respectively. Avanti Energy Inc. shares V.AVN are trading up $0.09 at $1.20.

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