Avanti Energy Inc., with a head office in Calgary Alberta, is a pure-play helium exploration company listed on the TSX Venture Exchange and the OTC. The Avanti team started with a core group of oil and gas professionals that were deeply involved in the discovery and development of the Montney natural gas play, arguably the most prolific play on the continent.
This group, led by Chris Bakker as CEO, recognised the changing supply and demand picture in the helium market and was energised by the possibility of pivoting their skills to make an impact in this emerging industry.
In late 2019 and early 2020, the team, which at that time was heavily weighted towards geology and geophysics, poured through the data from thousands of oil and gas wells in Western Canada and developed a detailed and proprietary model of helium accumulations associated with both natural gas and nitrogen.
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