This presentation has been prepared as of January 2021 (the “Presentation”) for information purposes only and does not constitute an offer or solicitation to sell shares or securities in Avanti Energy Inc or Terrelium Resources Crop. (“Terrelium Resources Avanti Energy” or the “Companies”) or any affiliated or associated company. This presentation does not purport to contain all of the information about the business of the Companies. None of the information or analyses presented are intended to form the basis for any investment decision, and no specific recommendations are intended. Accordingly, this Presentation does not constitute investment advice or counsel or solicitation for investment in any security. This Presentation does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation or offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. The Company expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained herein, (ii) any error, omission or inaccuracy in any such information and (iii) any action resulting therefrom. Currency references are to Canadian Dollars (CAD $) unless otherwise indicated.
Certain information set forth in this Presentation contains “forward-looking information” and “forward-looking statements” under applicable securities laws. Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) completion of, and the use of proceeds from the sale of shares being offered hereunder; (ii) the expected development of the Companies’ business, projects and joint ventures, including the estimated timelines for achieving milestones in connection therewith; (iii) execution of the Companies’ vision and growth strategy, including with respect to various jurisdictions in Canada and the United States; (iv) sources and availability of financing; and (v) identification of potential commercial and distribution partners. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
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100 times more valuable than Natural gas.
Natural Gas $2-$5 per Mcf, Helium $200-$600 per Mcf
Global shortage, it’s estimated the supply will not
keep up with the demand for the next 20 years
Canada has large reserves in the world. A handful
of producers are extracting helium in Saskatchewan
Industry demand CAGR of 11% each year through 2037
Helium is mandatory for MRI machines which require 800 litres of Helium. Heliox mixtures in respiratory treatments.
Helium is the only element that can come close to reaching absolute zero.
High Speed Internet, fibre optic cables must be manufactured in a pure helium environment
Electronics & Semiconductors require helium to be used at different stages in the production process.
If a device contains a semiconductor, it must contain helium.
Helium filled hard drives offer 50% higher storage capacity with 23% lower operating power.
Helium is the gas of choice for effecting the near instantaneous deployment of airbags in cars.
building a $17 BN Semiconductor plant in the U.S. scheduled to open
building a $12 BN Semiconductor plant in the U.S. scheduled to open
Demand Constituents of Helium (USA)
Source: US Geological Survey, Cormark Securities Inc.
Superconducting coils are cooled with helium They are used everywhere strong magnetic fields are needed.
Wendelstein 7-X, the world's largest stellarator device which is used to evaluate the main components of a fusion power plant, uses helium for cooling.
At the European Organization for Nuclear Research (CERN), liquid helium also plays a central role.
It is cooling the superconducting magnets that keep particles on
their track. CERN operates the biggest "refrigerator" in the world.
Quantum computing relies on incredibly low temperatures.
Goldeneye is IBM's internal codename for the world's largest dilution refrigerator, which will
house a future 1,000,000 qubit quantum processor.
After fiber-optic glass is drawn into fine strands, it is shielded with helium while the cladding is applied to prevent the newly formed glass surface from reacting with the contaminants present in ambient air.
Helium can also be used during the bubbling process for molten glass to improve refining since it has the fastest bubble rise time of any gas.
Helium is found by drilling wells, similar to natural
gas. It is formed from radioactive decay of heavy
elements like Uranium and Thorium
Helium can be trapped deep under hard nonporous
rock where it cannot escape. Gravity can’t
trap helium from escaping the atmosphere
Our focus is on helium-bearing non-hydrocarbon
sources in Western Canada and Montana
Once helium is found it is purified by Cryogenic,
Membrane or Pressure Swing Adsorption
processes that can produce ultra-pure helium
Where is helium found?
Helium can be trapped deep under hard non-porous rock where it cannot escape. Gravity can’t trap helium from escaping the atmosphere.
Our focus is on helium-bearing non-hydrocarbon sources in Western Canada, Montana & other states.
Once helium is found it is purified by Cryogenic, Membrane and/or Pressure Swing Adsorption processes that can produce ultra-pure helium.
Rising Demand & Geopolitical Risk to Supply
Separation & Purification
Chris Bakker has over two decades of experience in oil and gas, most recently working as a commercial negotiator with Encana/Ovintiv for major facilities and pipelines in the Montney gas play. His expertise includes all facets of Natural Gas Exploration like land acquisition, exploration, drilling, well production and facility integration and construction. Chris also has start-up experience taking a tech gaming company from conception to market as well as acting as an advisor for start-ups. Prior to Avanti, Mr. Bakker co-founded Terrelium Resources as a pure-play helium company.
Rob Gamley’s career spans over a decade in corporate finance and consulting, providing corporate strategy and communications services to public companies across a broad range of industries including biotech, oil and gas and natural resource exploration and development. He has been a board member of several TSXV-listed companies and brings extensive capital markets experience and a considerable network of both retail and institutional contacts. Gamley graduated in 1998 with a Bachelor of Science from the University of British Columbia.
VP – Subsurface
Genga Nadaraju holds over two decades of diverse professional experience in the oil and gas industry that includes asset exploitation, strategic planning, investor relations, and technical innovation. Most recently, she was the lead technical advisor for the Montney gas field and has extensive experience in natural gas Geology, Geophysics & Reservoir Characterization. Nadaraju brings strong project management and organizational skills with the ability to interact effectively with all stakeholders within the organization, both internally and externally.
P.ENG, VP - Engineering
Cam Buss is a professional engineer with 28 years’ experience. Mr. Buss worked for Encana (now Ovintiv) for twenty-five years taking on roles up to Senior Manager in both upstream and midstream oil & gas. His broader experience includes O&G development, long range planning, infrastructure planning and design, production operations and completions engineering. He is driven by performance in meeting and exceeding targets and continually innovating. Mr. Buss attended the University of Alberta and received a bachelor’s degree in chemical engineering.
PHD, Director - Geoscience
James Wood has over 30 years of experience as a geologist who specializes in reservoir characterization. His Geoscience and Petroleum Engineering research focus is on developing practical applications for enhanced evaluation and economic development of gas and liquid hydrocarbons in conventional and unconventional resource plays. Wood specializes in applied research in Geosciences and Petroleum Engineering; his research has received over 100 publications and has been cited over 1,300 times.
Director – Corporate Development
Carter Chalmers is a senior business leader with over a decade of experience in business development and corporate development, include marketing and investor relations across a wide range of mediums from mining, technology and oil and gas data solutions. He is experienced in all aspects of corporate development and investor relations for multiple start-ups and TSXV and CSE-listed companies. Prior to Avanti, Chalmers co-founded Terreliumresources as a pure-play helium company.
B.S.C, P. Geoph, Senior Geophysicist
Richard Balonhas over 30 years of experience in the Western Canadian Sedimentary Basin. He is a technically focused geophysicist with a proven track record working extensive analysis of 2D and 3D seismic data across some of the largest oil and gas fields in Canada. Balon holds a B.Sc. Geophysics from the University of Manitoba and is a member of APEGA (P.Geoph.), SEG, CSEG, CSPG.
Director – Land & Business Development
Chad Lerner has over 23 years of experience in many aspects of energy exploration. He has extensive experience in commercial agreements, joint ventures, business development and land acquisition strategy. His experience has focused on junior and emerging energy companies having been involved in both private and public energy entities. Lerner is a graduate (1998) of the University of Calgary, holding a Bachelor of Commerce Degree with a major in Petroleum Land Management.
P.Geol, Senior Geologist
A professional geologist with over 15 years of diverse exploration, development, and operational experience across the Western Canadian Sedimentary Basin. Prior to joining Avanti Energy, Kevin was previously with Penn West Exploration and Gain Energy.
Kevin received his Bachelor of Science Degree from the University of Calgary and is a member in good standing of APEGA, CSPG and the CSEG.
Engineering - Advisor
Ali Esmail has spent the past 13 years specializing in reservoir engineering including reserves evaluation, oil and gas development economics, production analysis and petroleum data analytics. His broader experience includes working in upstream and midstream oil and gas with Shell, Husky, and SemCAMS. Esmail provides a diverse perspective with 11 years of operations and process engineering experience at Dow Chemical and Nexen. He has also been recognized by the SPE and CSChE for his contributions in facilitating research between academia and industry.
Greater Knappen Prospect Areas
Alberta Crown acquisition
Prepared by McDaniel’s Associates July 1, 2022; WNG 11-22 pool is one of the over 10 pools in Greater Knappen Identified by the technical team; Helium Production and sales from WNG 11-22 Pool are targeted for Q1 2023.
**McDaniel’s best estimated contingent resources based on the Basel Sandstone zone only, Souis River zones have yet to be completed and evaluated; Sensitivity to Helium pricing prepared by Management.
+USD to CAD conversion rate done at $1.25.
Leader area, located in SW Saskatchewan, contains 3 helium exploration permits for a total of ~63,000 acres. The permits were identified and acquired, based on the Company’s detailed geological models and technical assessment. SW Saskatchewan is the hub of western Canadian helium activity.
Avanti’s permits are proximal to the Wilhelm pool that produced 0.25 BCF Helium and are surrounded by recent Helium competitor activity. The targeted zones are the Devonian Souris River and Cambrian Deadwood SS with known helium concentrations up 1.4% and nitrogen up to ~98%.
Leader Prospect Areas & Timeline
Avanti is planning to acquire seismic data on numerous geological prospects within our existing permits, with the goal of confirming basement structures and firming up drilling locations. We will also continue to expand the existing land position, applying for additional permits on internally identified geological leads.
Saskatchewan is a favourable jurisdiction for helium prospecting. On Nov. 15th, 2021, the government of Saskatchewan released its Helium Action Plan, which provides policy and program commitments to support and grow the entire helium value chain. It is focused on exploration, production, innovation, processing and export infrastructure. The provincial government has also expanded the Saskatchewan Petroleum Innovation Incentive (SPII) to include helium projects (Nov 15, 2021, Gov’t. Of Saskatchewan news release).
Canadian Helium Production
Source: Petrinex and Geoscout database, production data up to Oct – Dec 2021
Note: IAC Wilhelm #1, only total production was available, production of the different gases based on gas analysis %
100, 750 11 Street SW
Calgary, AB, T2P 3N7
Commercial Grades of Helium
Source: Zephyr Solutions