Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

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
9 Arrests Made in Canada’s Largest Gold Heist

Related Posts

Sean Roosen and John Burzynski Join Falco as...

September 24, 2025

Pure Life Healthcare Management

October 19, 2023

Canada Silver Cobalt Works Secures OJEP Funding for...

October 23, 2023

How Big Tech is Helping Leverage Big Data...

February 7, 2024

Rio Silver Commences Baseline Environmental Studies

May 8, 2024

Ross Beaty: Will Gold Stocks Catch Up to...

January 30, 2024

Canadian Investment Regulatory Organization Trade Resumption – FT

May 17, 2024

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

August 24, 2025

Halcones Precious Metals Closes Final Tranche of Life...

April 11, 2025

More High Grade with up to 60% Heavy...

June 27, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • ReeXploration Identifies Large-Scale Uranium Target at Eureka Project, Namibia

    • FORTUNE BAY ACCELERATES DEVELOPMENT AT GOLDFIELDS FOLLOWING STRONG PEA AND FINANCING

    • Osisko Intersects 330.6 Metres Averaging 0.46% Cu in Southern Extension at Gaspé

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Mark Skousen: Gold, Silver in Major Bull Market, “Permanent Inflation” is Here

    Categories

    • Business (1,409)
    • Investing (3,142)
    • Politics (3,699)
    • Stocks (1,848)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 moneycontrolplace.com | All Rights Reserved