VVC Significantly Increases Helium & Natural Gas Production Capabilities with New Seven-mile Pipeline
May 9, 2022

VVC Exploration Corporation ("VVC" or the "Company") is pleased to announce that it has reached another significant milestone with the installation of 7 miles of its internal gathering system pipeline — a major infrastructure enhancement to the Company’s Syracuse Project. The new pipeline will seamlessly transport gas produced by the Company’s helium and natural gas wells ("Wells") to the Tumbleweed Midstream Ladder Creek Pipeline and for delivery to the Ladder Creek Helium Processing Plant in Cheyenne Wells, Colorado, where it will be processed into helium, natural gas, and natural gas liquids.


With this system in place, the Company expects to shortly begin the completion of seven already drilled Wells. The current capacity of the pipeline system is 50 Wells, however the Company plans to add additional capacity in the future.


"The completion of the internal gathering system represents a major step forward towards VVC becoming a significant producer of helium and natural gas," said Tony Beilman, Manager of Gas Operations and President of Foreland Operating. "With this strong foundation set, the Company can now increase scope and scale of both the gathering system and the number of wells in operation in the Syracuse Project."


More About the Syracuse Project:

  • 1 newly drilled and connected helium Well: Levens #2 (NR 31Mar2022).
  • 7 drilled helium Wells waiting for completion and connection to pipeline.
  • 7 additional helium Well sites currently permitted and prepped for drilling.
  • 15 identified Well sites currently being permitted.
  • 50 additional potential Well sites.
  • 16,400 acres located in Hamilton County, Kansas.
  • New leases continuing to be added on an opportunistic basis.



 

March 18, 2025
TORONTO, March 18, 2025 - VVC Exploration Corporation, dba VVC Resources, (“VVC”), (TSX-V:VVC and OTCQC:VVCVF) announces the following: Appointment of Officers The Directors appointed Mr. Bill Kerrigan as President and Chief Operating Officer of VVC. Mr. Kerrigan will continue to be President of Plateau Helium Corporation. Mr. James A. Culver will remain as CEO of VVC. VVC Chairman, Terrence Martell, commented, "As a representative of Management and the Board, I extend heartfelt gratitude to Mr. Culver for his years of service as President. I also welcome Mr. Kerrigan to his new role as President and I am confident that he will provide positive momentum for VVC." Option Grant The Directors also granted incentive stock options under its stock option plan, to officers, directors and consultants of the Company, to purchase up to an aggregate of 15,700,000 common shares, representing 2.74% of the outstanding shares of the Company. The stock options are exercisable at a price of CA$0.05 per share expiring March 17, 2035. 25% of the options granted will vest immediately with the remaining vesting at 25% every six months. The exercise price was fixed at the minimum allowable price by the TSX Venture Exchange policies. The options, granted in accordance with the provisions of the Company's stock option plan, are subject to the TSX Venture Exchange policies and the applicable securities laws. Of the Options granted, 41.1% were to Directors, 30.3% to Officers and 28.7% to Employees/Consultants of the Company. 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). To learn more, visit our website at: www.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.
December 5, 2024
The Company’s Annual General Meeting of Shareholders (“AGM”) took place virtually yesterday with 34 attendees (shareholders and guests). Total attendance in person and by proxy was 137 shareholders representing about 51.4% of the outstanding shares. At the AGM, shareholders approved the election of all Directors proposed by Management with over 90% of the tendered votes being in favor, and the re-appointment of MNP LLP as auditors of the Company with all of the tendered votes being in favor.
Show More >
Share by: