Year End Update & Project Overview slide image

Year End Update & Project Overview

SYRACUSE KANSAS WELLS & INFRASTRUCTURE Co Rd.24 10 RIVER ROAD 26 28 27 Overton 2A SWD 25 30 25 30 29 Common 20 Deli Point Levens 2-31 33 34 Levens 3-31 35 36 31 Levens 4-31 Levens 2 O O Levens 3-6 32 01 06 05 04 03 02 01 O Levens 4-6 Co.Rd.U 06 Co Rd.26 11 T Spiker 1-7 O 08 07 11 07 10 2 09 Co Rd.27 Simon 1-18 O 0 Hodgson Weaver 1-15 18 14 1-17 C Double 1-16 TO 15 18 17 14 Gould 1-14 13 Levens 2-31 is an older well that it has produced for more than 27 years, producing almost a BCF of gas with 1.2% helium,. It has generated about 10,000 mcf's of helium which at $200 per mcf is $2 million. In addition, it has generated about $500,000 of natural gas. It is now producing between 40 and 50 mcf's of gas per day 02 On November 16, 2023, VVC completed and connected Durleer 2-31. The Company anticipates the completion of additional wells by end of 2023 19 Durleer 2-21 23 24 19 20 24 23 22 EXISTING WELL RECONNECTED NEW WELL COMPLETED AND CONNECTED WELLS DRILLED PERFORATED AND READY FOR COMPLETION WELLS DRILLED READY FOR PERFORATION AND COMPLETION WELL COMPLETED BUT SHUT IN AWAITING REPAIR Co Rd.29 " R Spiker 1-29 Levens 1-27 25 30 26 30 28 26 29 27 25 WELL SITES PERMITTED AND CONSTRUCTED 35 35 32 33 34 36 31 3 31 3.6 Co Rd.31 02 06 04 05 03 02 01 01 Co Rd 32 11 12 07 08 09 10 11 Co Rd.33 12 WELL SITES PERMITTED 17 WELL SITES IDENTIFIED READY TO PERMIT 78 POTENTIAL WELL SITES (not identified on the map)
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