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TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
Exclusive: Hardman & Co Investor Forum - Severn Trent, Calculus Capital, Volta Finance, Residential

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11 Feb '19

Premium Chat Member
These are the videos I took when in Denver, Colorado, there are 8 wells in total from 2 sections of land (2 x640 acre parcels 1280 acres in total), these wells are high producing and are 2 miles long in horizontal length there are 3 Niobrara benches that are productive the Niobrara A,B and C, the wells here are 4 in B and 4 in C and normal IP per Well was 750bbl/d Oil and Gas but are primarily oil wells!

The total production is aiming for 5000bbl/d and Highlands partners True Oil operate the site all the costs of the wells Drilling/Completion site infrastructure is payed by True Oil and Highlands take 7.5% of Production!

Recently a pipeline was installed at the site with an offtake agreement with Conocophillips so all the gas is sold not flared and a lot of the waste water was recycled and reused in the fracking as a pilot project with Epiphany units and formed a subsidiary company Highlands Water Resources which has produced small revenue but hope to expand operations as more wells are drilled around the area as Conocophillips, Bison oil and Gas and Axis Exploration has a vast amount of wells all around as this is the first Multiwell Pad to be producing this number of wells, and a focus for other companies also Highlands hope to drill further 16 wells in area!

Robert Price talking about the 8 wells in operation at the East Denver Multiwell Pad!


CEO Robert Price Talking About Production Automation Equipment Installed At East Denver Operations!


Domingo Mata showing All Individual Well Outputs!


West Texas API 40, East Denver Operations!


Battery Tanks From Separation Ready For Sales, Domingo Mata @ East Denver Oil Production!


Domingo Mata, Tracers (Isotopes) Injected To Find the Minimum Distance Between Wells For Optimal Well Spacings!

Achieved on 8 x XRL Wells East Denver Multiwell Pad!



12 Feb '19

Premium Chat Member
As of yesterday 11.2.19 True Oil LLC Operators/Partners Request Undisclosed Additional 2 Mile Wells at East Denver Pad 15-16, terms for Highlands on extra wells would need to be arranged/negotiated as is not covered under same above agreement so would find out in near term the percentage cut with True covering costs!


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