VVC Grows Helium Lease Portfolio to 20,000 Acres with Potential for 214 Well Locations
July 8, 2021

VVC Exploration Corporation ("VVC" or the "Company") (TSX-V:VVC) is pleased to announce the acquisition of additional acreage of property by its subsidiary, Plateau Helium Corporation ("PHC"), as it continues to expand its foothold on the burgeoning market for helium.


Acquisition of Syracuse Extension


Nine (9) additional leases, totaling 4,640 acres, were acquired on its Syracuse Extension Project. Historically, each of these leases were evaluated by the drilling of a well that tested natural gas containing helium. Because of low helium and natural gas prices at the time of drilling, these wells were not completed, nor put into production, and were later subsequently plugged. The newly acquired 4,640 acres of gas leases allow for the drilling of as many as thirty-six (36) additional wells. The acquisition of the first Syracuse Extension property, the Cox S-1, was reported on April 29, 2021. When leasing of the Syracuse Extension Project is completed, total aggregate acreage under lease is expected to be over 42,000 acres in these three projects with as many as 342 potential well locations.


PHC's Helium Projects


PHC now has three (3) helium projects, covering an aggregate of approximately 20,000 acres: Syracuse (original project), Monarch Project, and Syracuse Extension Project.


  • The Syracuse Project consists of 13,440 acres of gas leases located within Hamilton County, Kansas developed with the drilling of five wells several years ago. All wells tested natural gas containing helium at that time, but because of low helium prices, they were never completed and produced. Currently, one well has been reworked and is now producing helium rich natural gas (June 16, 2021 NR). The Syracuse Project represents a total of 164 potential well locations.


  • The Monarch Project consists of 1,600 acres of gas leases located within Greeley County, Kansas with six existing wells. At this time, four (4) wells are producing and two (2) others are awaiting re-work and there are14 additional potential well locations.


  • Leasing continues on the Syracuse Extension Project located in eastern Colorado and western Kansas. This Project targets a leasing goal of 26,200 acres defined by forty-two historical wells that previously tested helium rich natural gas, but were never completed nor put into production. There are 164 potential well locations in the Syracuse Extension Project.


  • Other projects continue to be evaluated.


Producing Wells

Five (5) wells are now producing, and two (2) are in rework.


  • PHC is now selling helium and associated natural gas from five existing wells: four (4) located on the Monarch Project, and one (1) on Syracuse Project (June 16, 2021 NR).


  • Two (2) additional shut-in Monarch Project wells are awaiting re-work and the return to producing status.


Drilling of New Wells


Guiding exploration on both the Syracuse and Syracuse Extension Projects, is the data from a number of previously drilled wells that tested natural gas containing helium, but were subsequently plugged and abandoned. As previously mentioned, one well on the Syracuse Project well was reworked and is now producing gas that last tested +1% helium. Based on this success, PHC is convinced of the potential of other abandoned wells and new wells. Results may differ from anticipated results for various reasons.


The Durler 2-21 will be the initial new well to be drilled on the Syracuse Project and is projected to be drilled to the Wabaunsee Formation at a depth of 5,500 ft. All potentially productive gas zones encountered during the drilling of this well will be evaluated. A drill rig is currently contracted to start development of the Syracuse Project soon. Other rigs may be added later, as needed.


The Syracuse Extension Project is based on the positive test of 36 wells drilled in a five-county area of eastern Colorado and western Kansas. Most of the wells were drilled to the Morrow Formation in search of oil reserves. At the time, many of the wells that encountered gas were simply plugged and abandoned.


Drilling of the new wells on Syracuse Extension Project is expected to start by the end of July 2021. A drill rig that could complete 2 wells per month has been contracted for this project. Other rigs may be added later, as needed.


VVC President Jim Culver commented, "Generating positive cash flows from the helium business is the Company’s immediate goal. This will help provide funding to support the Company's other projects."

VVC Exploration Corporation Files Annual Financial Statements

August 19, 2026
TORONTO, Aug. 19, 2026 - VVC Exploration Corporation, dba VVC Resources (“VVC” or the “Company”) (TSX-V: VVC and OTCQB: VVCVF) is providing an update to its previous news release dated May 21, 2026, regarding the status of its delayed annual financial filings. The annual financial statements and the Management's Discussion and Analysis ("MD&A") for the year ended January 31, 2026 were filed on SEDAR+ on August 18, 2026. With the Year-end Financials completed, the Company is working diligently on preparing the financial statements and MD&A for the three months ended April 30, 2026 (collectively the "Interim Financials"). The Company expects to be able file the Interim Financials prior to August 31, 2026. As such, the Failure-to-File Cease Trade Order ("FFCTO") against the Company will remain in place until such time as the Company's Interim Financials and related officer certifications are filed on SEDAR+. The delay in completing the Required Filings resulted from additional time required to finalize certain accounting and financial reporting matters in connection with the Company's year-end reporting process. 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.; Gold & 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.

VVC Exploration Corporation Announces Director Resignation

June 19, 2026
TORONTO, June 19, 2026 - VVC Exploration Corporation, dba VVC Resources ("VVC" or the "Company") (TSX-V: VVC and OTCQB: VVCVF) announces that Mr. Bruno Dumais resigned as a Director of the Company. The Board of Directors has accepted Mr. Dumais' resignation with regret, and thanks him for his valuable contributions and dedicated service to the Company. Jim Culver, CEO of VVC, commented: "On behalf of the Board and management, I would like to express our deep appreciation to Bruno for his commitment to VVC. We value the insight and guidance he has provided during his tenure and wish him continued success in his future endeavors." The position on the Board of Directors will be left vacant until a new candidate can be appointed to fill the vacancy. 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.; Gold & 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.
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