Highlands Natural Resources Share News (HNR)
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HNRMon, 14th Jan 2019 09:02
LONDON (Alliance News) - Shares in Highlands Natural Resources PLC rose on Monday as the company said all wells in its East Denver project have started production.
Highlands shares were trading up 10% at 11.37 pence each.
The company now holds a 7.5% stake in the eight producing wells and said it expects to receive "robust revenue streams" from them in 2019.
Highlands Natural Resources, which floated on London's main market as a cash shell in March, is close to making its first acquisition and has bought a majority share of a 're-fracking' technology company. The company has agreed to buy a 75% stake in US-based Diversion Technologies for 1.9m of Highla
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