Member Info for gallini

Highlands Natural Resources PLC (LON:HNR) told investors that initial production rates from the East Denver project have measured 4,600 barrels oil equivalent per day, and they are expected to rise further. The production pad – to which the Buckskin, Citadel, Grizzly, Hagar, Ouray, Thunder, Wildhorse and Powell wells are attached – is flowing oil at a combined rate of around 4,053 Bopd while combined gas rates were 3.28mln cubic feet per da

Highlands, the London-listed natural resources company, is pleased to announce that oil production rates from the pad at its East Denver project have achieved an Initial Production (‘IP’) rate of 4,600 Boepd during the flow-back period. Highlands expect that the oil and gas production rate will increase as the choke size is increased.



Production Details Summary:



Combined oil production from Buckskin, Citadel, Grizzly, Hagar, Ouray, Thunder, Wildhorse and Powell wells is 4,053 Bopd.
Combined gas production from Buckskin, Citadel, Grizzly, Hagar, Ouray, Thunder, Wildhorse and Powell wells is 3,284 Mcfpd.
Highlands’ operating partner has chosen to proceed on a conservative flowback plan. The wells will be slowly opened from the current limited choke size of 23/64th inch.
Highlands has a 7.5% carried interest in all eight wells located at the East Denver project.
As well as benefiting from the recently recovered oil prices, Highlands and its operating partner benefit from strong pricing for its gas, which is rich in liquids. Highlands received revenues both from the stripped liquids and the residual gas. While the price for both the liquids and residual gas fluctuates, the effective sales price for the residual gas in the pipeline since commencement of operations was $2.88 mc

We ended strongly Friday after a very good week, same again this week please!

Yeah maybe three years, hopefully get a maiden dividend next year

I would be very surprised if we are not in the ftse 250 within 5 years!

Yep, a huge few weeks ahead. Agree with what has been said, regarding getting in now, market cap is simply ridiculous

I meant it's better than Diane. Well done

2478 2478 2478 repeat is like Diane placing ha

Something up

Wouldn't want to be out of this on the weekend!

Sp soaring wti soaring . Who is this Diane girl?

What's going on this morning? I'm lost, has someone been found out?

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Kansas nitrogen discovery - this may represent the most exciting development for Highlands in 2019. We are delighted to announce our first commercial sales today and, based on the level of enquiries and ongoing discussions we have at present, we anticipate further positive developments over the coming months.

Currently up over 2.5%

West Texas Intermediate it’s the oil we are selling

Or if we get a curveball RNS then this could go into orbit!

Very, but no drop yet!

Why ever not? This was based on gas alone and 69,000 acres.
 

Helios Two CPR Highlights:

·     Un-risked indicative success-case NPV10 in CPR of Helios Two reiterated at US$341 million

·     Notwithstanding variation in gas analyses test results received from multiple laboratories and universities, produced gasses are confirmed to be approximately 88% methane with helium detected in all gas samples up to a concentration of 0.19%. Highlands continues to work towards a definitive gas analysis, which will be released to the market when available.

Yep , just only have to the website to realise what could happen in the future if all goes well.

Small free float, no debt, different revenue streams, CEO heavily invested, diverse portfolio and well respected in the US!