Member Info for Fadec92

I can understand if people are upset with not earning a profit from an investment based on the plan set out investing and then not getting a return within the timescale they would have wanted, i dont know how many times done myself and probally will still do but will learn to get better with entry points and exit points, its not predictable as we all know! I do read all comments but i think what my investment is for and base it on is the actions of the team and the quality of it and what has been achieved, what they they trying to achieve, does products works by prove by data, is the product going to be in demand and needed in the industry, is there competition do they have industry partners and working models, are the projects going to plan, is the delivery good and what is expected of the planning! For me all of the above is the relevant sp could be much better but isnt the above just logical and sensible!

Hidden Pitfalls Also this article in World Oil Magazine pointing out one of the major challenges will be overcoming well interference (bashing)! Hidden pitfalls could impair America's hottest oilfield area 3. Drilling intensity With new wells being drilled at a ferocious rate all over the basin, there's a risk that the fractures created in the rock may start to interfere with one another, reducing pressure and ultimately investor returns. That's especially true with lateral wells reaching farther than ever into the Permian's horizontal layers. The downside risks related to tighter well spacing and well-on-well interference could bring peak Permian production forward by four years compared with the upside case, Wood Mackenzie Ltd. said in a September report. That puts more than 1.5 MMbpd of future production in question. On the flipside, improvements in technology may cause production to be higher than current forecasts, Dallas-based Wood Mackenzie analyst Robert Clarke http://www.worldoil.com/news/2018/2/27/hidden-pitfalls-could-impair-americas-hottest-oilfield-area

Sparker there is no one, how else are you going to re-pressurise a depleted well without employing parent well protection or a re-frack there is only two ways... that's it, just look into it i am happy to discuss after reading countless articles!

Thanks Substp reads to me like a Re-frack Patent with Protection included because of an injection well and a target well being implemented in the terminology!

Jacky! but not on a hamster wheel now this is the point because a deal with True oil was made to free up cash and manpower resources to focus on a new project similar to East Denver, also DT and Helios!

The patents are a big part and without them further down the line would cost us with service company's being able to copy the technology and provide the service better being a bigger company with the resources they have and footprints in other oil and gas basins, but they can't copy now so Highlands have a stable base to advance from and with the regular income and the $10m in bank can aim for some commercial action with the building work, with any new technology it's hard to infilltrate the market by doing yourself but will be worth it as can keep all the revenue, instead of selling the technology to a market leader!

East Denver. 1.Drilling underway for Hagar - Citadel - Buckskin - Ouray - Grizzly - Thunder. 2.WildHorse and Powell in production and are top 3% in Niobrara Formation. 3.Fully funded for drill program with entire capital costs with an 7.5% unrisked also additional wells funded by Highlands' partners. 4.Natural gas purchase agreement with a local pipeline operator for its East Denver Project in Colorado with monetisation of natural gas and associated liquids. New Project 1.The Company is actively examining and leasing new Colorado-based shale opportunities with similarities to East Denver in terms of development process and value creation pathway. DTU 1.The Company's priority is to advance the commercialisation of DTU through licensing agreements and direct service revenue. 2.For recognition of DT and to strengthen the position in the market the priority is to ensure it is ready to meet the needs of customers efficiently and cost effectively. 3.Highlands may acquire strategically aligned resources or assets that directly benefit DTU commercialisation. 4.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 435 rig count 6 times bigger than the next best Eagle Ford with 70 rigs also with a Vertical Test in the Piceance Basin in Colorado. 5.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.

I says it's the other way around commercialisation is useless without the patents, it increases oil and gas reserves in vertical and horizontal wells so makes money that's all it needs to do, as a commercial entity operators will need it in different ways whether an operator with a big acreage position in a basin will liesence for all their wells when they want to use on a multiwell basis per development pad, so the singular well economic will upscale!

Other service company's can't protect wells straight off, they can refrack a producing well near when it reaches that stage 2-3 years into production but that's it, that's all operators can do is put less fracking pressure and Propant or drill the wells further away from producing wells which would decrease how much the wells will produce, Highlands DT is unique and protected by patents as said and will be used on a commercial basis after a 15% increase in reserves, that could be an extra 60,000 barrels on the East Denver wells, it works!

6 months dewatering and 10 years without declining!

Thanks Genty shows a similar play very successful and using exactly the same technique that Highlands are going to use and have used at Helios, the more water that's removed the pressure releases and the gas becomes mobile and achieves high permeability, they take a while to get going but as the production curve shows the wells can produce for 10 years with declining and the vertical wells are cheap to drill and probally will be co-mingled with the Eagle Formation!

It does look good overall just want to see the placing shares being taken up into market/share price by the new and existing investors, I understand that Nick, Johnathan and Vassilios purchased a small percentage of the shares also!

Yes they did take us by surprise with the Eagle Formation frack and the Permian Basin 1 mile Horizontal test after Chrismas so with more focus anything possible!

Same as Helios! Most of the Antrim gas is extracted in Antrim, Crawford, Montmorency, Oscoda and Otsego Counties. After a well is drilled, a six month dewatering period takes place. After that time the well begins to stabilize. The water (brine) is pumped back into the rock via a nearby well. The more water (brine) brought up, the more productive the well will be, because it means that more gas will eventually be released from the fractures in the shale. An Initial Resource Assessment of the Upper Devonian Antrim Shale in the Michigan basin https://www.michigan.gov/documents/deq/GIMDL-USGSOFR9575K_303059_7.pdf

Well spacing analysis for oil and gas operators to show optimal well spacing for infill wells tell us that wells need to be 2250ft from producing wells to get the best production, 1 section is 640acres which is 5280ft in length to put into perspective only 2 wells per section, good luck with 16 wells per section! "The resulting composite production prediction map accounted for both new well production and the change in production expected in nearby wells. Their analysis indicated that new infill wells maximized production when they were drilled at least 2,250 feet from existing wells that were both high-producing and relatively young (producing less than 200 days)." https://1dhqyu3drpye39jm482ecnjl-wpengine.netdna-ssl.com/wp-content/uploads/2017/10/CS_Optimize-Well-Interference-and-Spacing-print.pdf

It all depends what you want out of investment strategy not looking for small gains, they seam to be doing the right thing as far as the science and business model for me, do they need to market to better the company and who do they market too, do they need a big share price yet?

"Production of Copper and Cobalt hydroxide cake from commercial scale demonstration plant ("CSD plant") anticipated within six months with 10,000 tonnes of screened ore grading 2.08% Copper and 0.29% Cobalt stockpiled on site" So this is to prove if the operation is economic with the grades and and if so too increase the size of operation to the size of resource?

Brilliant Genty the posts convey what he's about, he's goes about his business in a different way to others to stay one step ahead of the competion and he's one hell of a good guy, probally why he has so many friends in high places in Denver oil and gas, stick with this guy he'll direct this company to success!

Aprils fact sheet! https://www.junioroils.com/wp-content/uploads/Junior_Oils_FactSheet_201804_update.pdf

http://www.junioroils.com/wp-content/uploads/Junior_Oils_FactSheet_201801_update.pdf