Grand Gulf Energy Ltd (ASX:GGE) ('Grand Gulf' or the 'Company') is pleased to advise of the appointment of Todd Gentles to the position of Drilling Superintendent for the forthcoming helium drilling programme at the Red Helium Project.

Todd has over 40 years' experience in drilling and completion, including over 15 years working with Kinder Morgan on the neighbouring Doe Canyon helium/CO2 field. Mr Gentles has the requisite in-depth knowledge and relevant experience in drilling and completing helium wells in the precise area of the Paradox Basin where the Red Helium Project is located. Incorporated joint venture company Valence Resources LLC ('Valence') (Grand Gulf current interest - 70% with a right to earn up to 85%) is fortunate to secure the services of Mr Gentles. During his 15-year tenure with Kinder Morgan1 (market cap: US$42B2), he oversaw more than 35 drilling / workover rigs annually which culminated in McElmo Dome Field becoming one of the largest CO2 producing fields in the world (~1 BCF/day); and Doe Canyon Field, the second largest producing North American helium discovery in over 60 years.

Previous Red Helium Project Drill Superintendent Doug Frederick will be continuing in a consulting and advisory capacity. Drilling Director at Kinder Morgan, Mr Frederick was responsible for drilling and workover operations of source wells and injection/production wells, overseeing 9 drilling and 30 workover rigs annually. He was responsible for annual capital budgets up to US$300M and OPEX budgets up to US$200M and focused on continuous improvement to increase efficiency and lower cost in delivering a quality wellbore

Managing Director Dane Lance Commented: 'The Company is thrilled to announce Todd Gentles joining the team as Drilling Superintendent for the Red Helium Project. Todd brings a wealth of knowledge and experience to the team. He has successfully drilled and completed a multitude of analogous wells in the neighbouring Doe Canyon, and geologically analogous formations in Colorado and Arizona including McElmo Dome and Cow Canyon. His experience in testing and completing the Leadville formation successfully will be critical to deliver a safe and successful Jesse-2.

Contact:

Dane Lance

Managing Director

E: info@grandgulfenergy.com

About Grand Gulf Energy:

Grand Gulf Energy Ltd (ASX:GGE) is an independent exploration and production company, headquartered in Australia, with operations and exploration in North America. The Red Helium project is a pure-play helium exploration project, located in the Paradox Basin, Utah, in the prolific Four Corners region. For further information please visit the Company's website at www.grandgulfenergy.com

(C) 2023 Electronic News Publishing, source ENP Newswire