Member Info for Fadec92

Hi Noodle, it’s in the RNS!

Highlands revealed it has acquired a consolidated package of 2,490 acres of oil and gas leases to the west of Denver, Colorado where the company believes that up to 48 horizontal wells could be drilled, subject to regulatory approvals.

Highlands said the newly-acquired assets have a similar operational environment to the successful East Denver project and require a similar development process.

Total costs to date for the leases are US$50,000.

"West Denver will be a valuable addition to Highlands' core shale strategy, which creates a growing foundation of cash flow from which the company will advance its other projects. Following on from our success in our East Denver project, Highlands will aim to develop West Denver with third party funding and create value for our shareholders with our revenue generating assets and our upside projects," said Robert Price, the chairman and chief executive officer of Highlands.“

For a start low risk producing wells, high in the technology for a company’s first entry into unconventional drilling, highlands can’t compete with the big operators who pay $3000 per acre but have acquired leases at cheap prices so have done well to be drilling in Denver for what has been spent, the 2514 acres for $50,000 it’s v.good value JJAL if you look what other operators are paying for, also if you take other company’s that are drilling on the stock market they are high risk with low COS that are pumped no end!

I disagree with what you say JJAL I think there has been good progress and ED was a money generator to cover the cost of other ongoing projects, progress is finding high quality assets and preparing/developing them to create revenue without dilution and is a clear plan and focus, there was I agree a change of plan from more working interest into funding ED to us share holders as we didn’t know they had other plans in motion with being more independent with WD and finding the high producing Barret well in Kansas by trying to cut costs for DT but has evolved because of the potential selling the Nitrogen to not just oil and gas operators but also other sectors of the market!

Also link to Scientific Paper of Hydration Swelling Technique in Clay to induce Fractures!

https://ac.els-cdn.com/S2405656116000055/1-s2.0-S2405656116000055-main.pdf?_tid=3438aecb-c168-43c4-a94e-8b6b7bf08c78&acdnat=1535537990_5396e649976f91e8602cdc6668cab9d7

Link to the technique in the patent!

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.html&r=1&f=G&l=50&s1=%2220180187534%22.PGNR.&OS=DN/20180187534&RS=DN/20180187534

Thanks Dave, was it mentioned what the next step was as Paul was giving a clue in the Nitrogen video about injecting Nitrogen into an Aquifer to collect the Helium to flow back into a single phase?

Also candidate selection for TYK2!

Was the statement in the RNS Dave?

Yes Chesh was lucky to get some on the dip!

From the presentation on page 13 the Argon caption reads that there will be further testing of the Barret 1B well to extract and concentrate Argon for testing also on page 12 it says they have identified additional acreage positions in Kansas, for the Nitrogen!

http://highlandsnr.com/wp-content/uploads/2018/08/HNR-Corporate-Update-Q2-2018-RL-comments-200818.pdf

The Nitrogen video looks like Ryan Price is the well operator the same guy who drilled Powell and Wildhorse!

http://highlandsnr.com/nitrogen-film/

Lot of Research went in to this one and is current 2017 shows early on page 9 all the formations on the Niobrara A,B,C,D Chalks, the Codell and the Ft Hays as what WD wells will be landing in!

NIOBRARA DISCRETE FRACTURE NETWORK: FROM OUTCROP SURVEYS TO SUBSURFACE RESERVOIR MODEL

https://www.researchgate.net/profile/Alena_Grechishnikova/publication/321886269_NIOBRARA_DISCRETE_FRACTURE_NETWORK_FROM_OUTCROP_SURVEYS_TO_SUBSURFACE_RESERVOIR_MODELS/links/5a380781458515919e71e858/NIOBRARA-DISCRETE-FRACTURE-NETWORK-FROM-OUTCROP-SURVEYS-TO-SUBSURFACE-RESERVOIR-MODELS.pdf

Nice map of Front Range Area in Jefferson showing the fault lines at the start of the uplift close to the outcropping of the formation!

https://pubs.usgs.gov/imap/0428/plate-1.pdf

SUBSURFACE INTERPRETATION OF GOLDEN FAULT AT SODA LAKES, JEFFERSON COUNTY, COLORADO.

http://coloradogeologicalsurvey.org/wp-content/uploads/docs/ERC/SUBSURFACE%20INTERPRETATION%20OF%20GOLDEN%20FAULT%20AT%20SODA%20LAKES-BERG%201962.pdf

P.15 - Upper Cretaceous Niobrara Formation and Codell Sandstone Member of the Carlile Shale.

https://pubs.usgs.gov/dds/dds-069/dds-069-p/REPORTS/69_P_CH_2.pdf

For me the acreage position in Jefferson is big for a small company, could be close too 3 well pads with 48 wells alternating Niobrara - Codell Formation and also evaluating area has brought up the Ft Hays Formation!

The Niobrara is made up of the Smoky Hill Shale Member and the Ft Hays Limestone Member so I guess there’s two Niobrara targets but of different geology ie Shale - Limestone, already an analog in the form of a well that already produced v.good amounts from the Codell if the research is good and as from the presentation “a new front in the basin” which suggests a new area!

Secondly they are active in expanding acreage and progressing the marketing with the high flow rate of the Barret well in Kansas, with the price of Nitrogen 3-4 times the cost of natural gas and with the ease of no processing as the consulting engineer Zane Rhodes from the nitrogen video was talking about it has got to be very commercial and it sounds as the guys from the AGM and the excitement around this from them that this will be the short term route to another revenue stream, so here and agree we want a better sp for the amount of time invested, but I think for a young company is doing well in the producing wells but now with all this exciting news ahead is got to be hold or buy more if you can!

Super was the guy from Cantors Neil Tullock!

15 Jan 2018

"Cantor Fitzgerald Europe has announced that it has made a number of senior hires with a focus on Oil & Gas, across its corporate finance, research and sales teams."

https://www.google.co.uk/amp/s/www.oilfieldtechnology.com/special-reports/15012018/cantor-fitzgerald-europe-announces-senior-hires/amp/

The new land acreage for Jefferson County (West Denver) 3617 acres is an excellent opportunity to open up a new front in the basin!

So the new wells will be drilled in Jefferson, theres is bit of info out there!

Paul Mendell July 5th 2018

“The injection gas (with or without other hydrocarbons) can coalesce with the hydrocarbons contained within the hydrocarbon-containing reservoir to form a continuous phase of hydrocarbons within the reservoir. Once the targeted volume of the injection gas is injected, the flow is reversed producing the gathered hydrocarbons.”

Joy so we can see what’s coming next after the brigde plug is removed for the Eagle Formation!

http://highlandsnr.com/wp-content/uploads/2018/08/HNR-Corporate-Update-Q2-2018-RL-comments-200818.pdf

Joy have been thinking about this since it’s under patent review, see link!

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.html&r=1&f=G&l=50&s1=%2220180187534%22.PGNR.&OS=DN/20180187534&RS=DN/20180187534

Try without the inverted coma’s!

http://www.kgs.ku.edu/Publications/Bulletins/11/05_salt.html