PYX Resources: Achieving volume and diversification milestones. Watch the video here.
East Denver. 1. Drilling Completed for Buckskin and Grizzly. 2. Ouray - Thunder - Citadel - Hagar Drilled Vertical Section, Cased and Cemented. 3. WildHorse and Powell in production and are top 3% in Niobrara Formation. 4.Fully funded for drill program with entire capital costs with an 7.5% unrisked also additional wells funded by Highlands' partners. 5.Natural gas purchase agreement with a local pipeline operator for its East Denver Project in Colorado with monetisation of natural gas and associated liquids. West Denver 1. 48 XRL horizontal shale wells double the scale of the entire East Denver project subject to regulatory and commercial approvals. 2. 100% working interest across 2,490 net acres with the potential to increase the West Denver land position over time. 3. Total costs to date for the leases are US$50,000. 4. Numerous similarities with East Denver the Niobrara formation shows prominently under the West Denver acreage, also other attractive shale targets including the Codell formation. 5. Highlands seeks to maintain a significant carried interest without dilution or capex burden for shareholders. 6. Quick permitting and development process with West Denver's surface area largely unencumbered by urban development, and is consolidated into closely grouped parcels DTU 1. Drill ready in a week to aim for an abundant low-cost nitrogen gas reserves. 2. Purchase of 800 acres of land leased for appraisal. 3.Established itself as a bonded operator in Kansas. 4. Opportunity to become a low-cost nitrogen producer and, most importantly, would secure nitrogen supplies for the Company's proprietary DT Ultravert technology. 5. Company's priority is to advance the commercialisation of DTU through licensing agreements and direct service revenue. 6. Highlands may acquire strategically aligned resources or assets that directly benefit DTU commercialisation. 7. Horizontal well Protection showing DT Ultravert's technical success in a 1 mile well in the Permian Basin the biggest in North America with a 477 rig count 6 times bigger than the next best Eagle Ford with 80 rigs also with a Vertical Test in the Piceance Basin in Colorado. 8. Horizonal well group was proved to not only to be protected from bashing but increase oil and gas production to 15% not just on IP (initial Production) but over the course of months on the overall reserve extraction EUR (Estimated Ultimate Recovery). 9. Patents (4) allowed for DT Ultravert as a Diverter in Refracks and Parent Well Protection. Helios 1. The Company's next step is to drill out the bridge plug currently sealing Stage #1 in Helios 5-52 16-22. This operation is targeted for Q3 2018. In Stage #1, Highlands deployed a fresh water clay hydration completion aimed to create swelling-related cracks and permeability over a multi-month process. If this test is successful, this will go some way to validating the project. Permian Basin Rig Count http://insights.energentgroup.com/weekly-rig-counts-in-permian
Coming up soon Highlands are going to be drilling 4 XRL Wells out of 16 XRL on their newly developed Multiwell Pad in Arapahoe Drilling into the prolific Niobrara Formation just outside Denver in a new oil and gas play with ConocoPhillips and Anadarko all around with proven drilling and completion techniques that they are employing from their highly productive wells! The wells are 78% proven reserves with that data from a third party assessment company RPS! and backed from the PRMS (Petroleum Resources Management System) The funding for this is also going to be non-dilutive, but we haven't had a breakdown of the finance details yet! One of the nearest producing well is ConocoPhillips Tebo 4-1H and in the first 6 months produced 66,165 barrels of oil with a 4,500 ft Horizonal well, In section 4 5S 64W, Highlands Multiwell Pad is in Sec 15-16 5S 64W so just to the south! Highlands wells are going to be over 10,000ft and have the permits to drill the first 4 and the development of the pad in process backed up by pictures which you can refer too on mine and D14M0ND's Twitter page with him researching the economic's of the play, where I have research technicals! The other 12 are with the COGCC with approval expected for the rest in June, plus the plan is for a further 32 wells, in total 48! The market cap is just short of £20m and there is a share issue of 67m and the NPV10 of 3 projects is £600m! But here I'm only providing the details of East Denver Project as you will need to research other 2 or ask any questions on the HNR board where I'm sure we can answer any questions people have! Come over to a friendly open board.... Highlands Homepage! http://highlandsnr.com/portfolio-item/east-denver/# Me Fadec92 - Our Acreage section 15-16 5S 64W with ConocoPhillips pipeline to side. https://mobile.twitter.com/fadec92/status/861159234771275776 Fadec92 - ConocoPhillips Tebo 4-1H section 4 5S 64W just above us. https://mobile.twitter.com/fadec92/status/865974978503725058 D14M0ND's - East Denver Economic's. https://mobile.twitter.com/d14m0nd55/status/855335150195941376 D14M0ND's - Multiwell Pad Development 20th April 2017. https://mobile.twitter.com/d14m0nd55/status/860776465918459904
Coming up soon Highlands are going to be drilling 4 XRL Wells out of 16 XRL on their newly developed Multiwell Pad in Arapahoe Drilling into the prolific Niobrara Formation just outside Denver in a new oil and gas play with ConocoPhillips and Anadarko all around with proven drilling and completion techniques that they are employing from their highly productive wells! The wells are 78% proven reserves with that data from a third party assessment company RPS! and backed from the PRMS (Petroleum Resources Management System) The funding for this is also going to be non-dilutive, but we haven't had a breakdown of the finance details yet! One of the nearest producing well is ConocoPhillips Tebo 4-1H and in the first 6 months produced 66,165 barrels of oil with a 4,500 ft Horizonal well, In section 4 5S 64W, Highlands Multiwell Pad is in Sec 15-16 5S 64W so just to the south! Highlands wells are going to be over 10,000ft and have the permits to drill the first 4 and the development of the pad in process backed up by pictures which you can refer too on mine and D14M0ND's Twitter page with him researching the economic's of the play, where I have research technicals! The other 12 are with the COGCC with approval expected for the rest in June, plus the plan is for a further 32 wells, in total 48! The market cap is £20m and there is a share issue of 67m and the NPV of 3 projects is £600m! But here I'm only providing the details of East Denver Project as you will need to research other 2 or ask any questions on the HNR website where I'm sure we can answer any questions people have! Make a good decision and come over to the board.... Highlands Homepage! http://highlandsnr.com/portfolio-item/east-denver/# Me Fadec92 - Our Acreage section 15-16 5S 64W with ConocoPhillips pipeline to side. https://mobile.twitter.com/fadec92/status/861159234771275776 Fadec92 - ConocoPhillips Tebo 4-1H section 4 5S 64W just above us. https://mobile.twitter.com/fadec92/status/865974978503725058 D14M0ND's - East Denver Economic's. https://mobile.twitter.com/d14m0nd55/status/855335150195941376 D14M0ND's - Multiwell Pad Development 20th April 2017. https://mobile.twitter.com/d14m0nd55/status/860776465918459904