Member Info for HopefulDave

Strange how Dianne and JJAL now appear at the same time isn't it?

And now they have such love for each other, as both now clearly have the same agenda. Both not invested, both trying their bit to talk the share down.

The plastic pipe as I've always stated would be to transport gas from well site(s) to a processing facility.

You would have to be a complete and utter cretin to assume anything other than that it was it was stated for.

I stated connectivity from the well site to a processing facility would require a plastic pipe and stand by that 100%

There I said it again. Plastic pipe, plastic pipe. I don't know why that offends you so much JJAL?

All we needed for ED to get going properly was ultimately a pipe - (because everything else was already in play, and it was the last piece of the puzzle) that was a gas sales pipeline of gas that can go boom. Hence not a plastic pipe.

Gas sales en-mass and transport of gas en-mass would need to be piped somewhere in Kansas. Gas does not go boom, gas can be a plastic pipe.

And not one from screw-loose JJAL's favourite store before suggest popping down to Screw-Fit to get one, again only an unresearched cretin would assume that was the type of plastic pipe I was referring to...

The gasses are inert.

I said it was not expensive (like ED's pipeline done for us by our partners) thing to have to do, it won't be.

This was in the context of selling the gasses i.e. selling nitrogen en-mass, simple.

Not in the context of sampling rare gasses first, selling those gasses and gaining the maximum value from them, then decide what you do after that with them.

I'm actually pleased you two clowns are back again as it means you are currently out. If we were to get the sale of the century RNS on our gasses, crop trial success, Argon is good to pursue, or anything that propels us forward it's nice to know you won't be gaining from it.

Continued...

We picked that first and that’s a very clever play.

We provided gas for 50 plants.

Do you how many plants they can grow on the site?

Did you see how much they could expand the site by?

Do you think the gas might be worth a lot more when proven?

Do you think they would want to use the gas on more plants on the next cycle if it improves the yield?

Do you have any idea how much publicity a successful crop trial will get?

All of this achieved in ~8 months from *leasing the land*

That is actually quite remarkable for a small team..

So clearly JJAL is doing the Hokey Cokey again and obviously currently “out” and therefore in slate the company, slate the posters here mode again. Wouldn’t a big RNS be lovely with a nice corporate update revealing a few more things now?

I did expect IP on the first three wells sooner but it’s clear that these are flowing back on a slow setting and that’s fine by me and I assume everyone here as it will produce the best overall recovery from the reservoir, it’s as simple as that.

Nothing sinister. Nothing wrong. Sensible long term recovery, sensible long ongoing revenues.

Don’t forget one well had particularly high pressure as Domingo stated in the video footage Fadec posted...

I’m response to your what have they done in Kansas, a simple reminder:

June. Leased it.
Few weeks later completed a well.
Week later achieved 2581 MCF/d
Had samples of gas analysed.
Over the course of the next couple of months designed and built a specific setup PSA unit, powered by the pressure of the well itself and a single electric cord for the electronic components.
Concentrated gas samples and analysed them.

So where are we in the story here, roughly 3-5 months in from *initially leasing the land*? October / November time?

All this time slowly and steadily going around increasing the acreage to 3200+ as we were last informed.

Sent sample or samples of Argon off to be tested.
Discovered hydrogen in the gas stream via the PSA and our own gas analysis.

In the *short time* since they discovered hydrogen established commercials and a crop trial and forged a business relationship with District 8. A crop trial which is very shortly coming to the end of the first batch growing cycle...

Continued negotiations to sell and process the nitrogen stream.

Had numerous discussions with various other parties around use of the gas.

Who knows how many other gas samples are out there and being used for whatever purposes? The company stated it would expect a lot of interest and may well have numerous samples out in numerous places..

We have filed an application for organic status on the gas also.

They have done loads on the Kansas project whilst you have been constantly bitching and moaning.

They probably have also drawn up plans on which wells they want to go into next.

They probably have also or may also still be looking at more acreage options.

Considering they leased the land in June, that is a lot of progress.

Progress you see when your in, but ignore when you are out!

Would I rather they be using the nitrogen to expand DTU or explore the possibilities of possibly having insanely valuable Argon? Or how about an organic gas fertilizer that can improve crop yields by 25-35% perhaps more in some cases?

You do realize there is a shortage, a food crisis if you like, sustaining the Worlds population and the demand for fertilizers is massive as a result? Cannabis is a high value crop, picked that first and

Good stuff.

“Colorado’s finest” going for more and more as producing more and more.

East Denver 7.5% deal provided capital back which provided funds for last year and now.

Oil and gas revenues continued from Powel and Wildhorse wells

Oil and gas revenues now from the 6 new wells alongside Powel and Wildhorse.

Epiphany water processing units should provide small revenues from ED when moved to permanent place on pad.

Kansas is capable of producing gasses from the PSA unit, currently used to provide the nitrogen-hydrogen mixture for District 8.

Whilst initially 50 plants in the cannabis trial, I would expect the value of the gas to be far higher once proven successful, and no doubt want to use it on more than 50 plants on the next cycle... Not to mention other crop trials being established.

Plus all the other possibilities for additional revenues including those with no capital outlay of our own to develop further..

The company has stated that production similar to the first two wells from the next 6, we are about to IP, funds our operating costs for 2019.

Additional revenues from other sources are therefore able to be reinvested into further developments of other plays.

Another deep technical analysis into the fundamental aspects of the company and its underlying assets.

Well thanks for that genius post.

East Denver:

* Oil and Gas revenue stream established.
* IP any day on 6 new approx $6.5m 2 mile horizontal wells.
* 7.5 % Free Carry equals no capital outlay for Highlands or any operating costs.
* True Oil (Billion dollar company) filed application for more wells on our lease.
* Top 3% wells in Niobrara.
* Finance deal for up to 16 more wells at 7.5% free carry in place

Water Resources:

* Pilot project for water recycling on well pads
* Successful pilot 500bbl processing capacity on our pad.
* Ephphany units to remain on site treating produced water
* Exclusive distribution partner in multiple states.
* Billions of bbl of suitable frak water close to Powder River Basin

Kansas:

* Pilot well with 2581 MCF/d
* 99.59% pure N2
* Organic Hydrogen-Nitrogen gas mix (status applied for)
* Cannabis crop trial - results soon - visible difference over 4 weeks ago.
* Argon for specific scientific uses and Helium potential
* 3200 acre lease at last notification
* ~$250k well cost in Kansas
* N2 alone worth $5-10MCF ($12,850-25,700 a day)

Helios:

* 220,000 acre lease prospective for natty + Helium
* Water resources play possible

West Denver:

Potential to sell this on / develop some aspects of it at later date.

DTU:

Oil and gas recovery technology and 46,000 acre Co2 resource likely to see development post Kansas commercialization.

Summary: Not any dog, more of an adorable puppy which will be a loyal and rewarding diversified capital growth and later dividend paying investment.

Well if the oil had peaked and started to drop then we’d have our IP numbers.. so...

Indeed. No news is good news

Furthermore...

You continue to attack the position the company is in.

You measure companies progress purely by their SP.

So why not take your money, go and put it in one of the overamped and overhyped aim oil and gas companies with a ludicrously high valuation, and then praise that CEO because the SP is high?

All the time whilst they endlessly print shares, dilute and still haven’t produced anything, have no income stream, and may even end up delisteded or bankrupt?

Meanwhile. We can sit here waiting for news on more oil and gas *sales*, more nitrogen-hydrogen *sales*, successful crop trials, organic certiication of our gas, and capital free investment in more oil and gas wells.

We can wait for nitrogen sales.

We can wait for Epiphany to produce further revenues and distribution of additional units onto well pads elsewhere.

We can hope for “the right stuff” when it comes to Argon testing, and then add Argon and Helium sales to the Kansas find.

Kansas and Water Resouces are products of 2018. If you don’t see any value in the development of Kansas or Water Resources as valuable additions you should just sell and leave permanently.

The blatant flip flopping of your posts is one thing, but to continuously insult people is disrespectful.

Only the other day you had the decency to post you would owe Eric Boyle an apology regarding East Denver, I hate to think what you will owe RP when Kansas delivers!

A fair few shares bailed out far below this price have made it into my Hoover bag JJAL.

Doesn’t mean I’m going to get overexcitable on 1p or 2p rises.

I’m also aware Robert has personal warrants. I think he’ll keep them. He’ll get more out in dividends ultimately than what it will cost to convert them to shares, so he won’t want to flip them. He’ll be a CEO with an even bigger stake in the company.

I’m aware the company has authorization to places shares.

Back at the AGM it would have been irresponsible of the company not to have asked for authorization to place shares in case it was required to, as in what if our wells has been delayed another few months, money may have got short?

But. They weren’t.

***They are here now delivering revenues and we will soon find out the IP’s***

The fact we can, doesn’t mean we will. Many companies have outstanding authorizations to place shares.

I said before a long time ago, and stand by it, that the shares, if placed, might happen as part of strategic partnerships.

Take SXX as an example.

It signed an annual multi million tonne TorP (That’s a take or pay agreement / offtake agreement) and with it took a 30% stake in the distribution partner, and a seat on that Board, establishing an invaluable position within the supply chain.

How? It did an equity share swap. Some of its shares for some of theirs.

Just because shares can be “placed” doesn’t mean they hit the market, or become instantly tradeable and trash the SP, they can be restricted, and as held by other companies, ultimately seen favorably by the market.

Sometimes you can sign deals and if required part with equity.

Now we have lots of our businesses in separate holding companies.

We could JV partner for X% of some of those holding companies, example Montana for Helios.

That would not dilute HNR. Would reduce the Helios ownership, but then could develop it so the % you have left is worth multitudes of the 100% you had before.

Or, wiith the ability to place shares there is a safety net, but one that isn’t required now, and also the ability to strategically align yourself with partners.

We used shares and cash to buy the lease for section 15. Good job we did really. Now that lease is enabling us to have more wells on that section.

We are distribution partners, and have a distribution partnership already with two different companies.

We have technology, patents, a multitude of leases, distribution partnerships today.

Tomorrow we could have strategic alliances, new partners could be established. Kansas opens us to the agricultural and pharmaceutical and scientific and research sectors...

A whole world of opportunities and options, but like Dianne, you only see the one option, the negative one, when it suits you.

TBM has arrived.

I think that’s where Dianne got confused. Easily done at her age. Probably trying to set fire to a line on the old folks home communal glass table whilst the weed sniffing contest is going on in the games room.

Think you were correct Chesh. Maybe it’s time to chill out by sniffing some of that District 8 produce as Dianne would say lol.

WTI 55.55

Well it has to be or would be IP!

Remember it’s the Billion dollar+ True Oil producing this.

When they tell Highlands the IP, Highlands have to tell the market.

No smoke and mirrors. Just the way it is.

Obviously the amount of oil and gas we are getting is still going up!

Yep just like ARCM did when it deramped that. It doubled!!!!! Double Diamond. Did you have a red face then D14? You know you love a red face.

Joy. Good news on WTI. Just in time. Many many positive things to come this year. ED is to provide the stable and ongoing revenues to keep us going. Kansas can provide the explosive (ironic as bar the hydrogen ppm it’s like totes inert) revenues to really launch us forward, purely (pun intended) with nitrogen or our Audrey2 nitrogen-hydrogen gas. Anything else from Kansas has the potential to make anyone invested extremely wealthy. Epiphany, as much as cubic zirconia, knocks it, can develop and deliver stable ongoing revenues regardless what the oil price is doing. As the shale keeps on being fraked the water becomes more expensive to procure and dispose of. It knows this yet has to keep knocking it. Initial current revenues may be “small” but we wouldn’t need many devices out there to make a regular income stream from this. Whilst people say focus on one thing is needed. Remember. ED is to all intensive purposes physically managed and delivered by True, once agree to move forward with something. Kansas is our baby. Epiphany, well we need to finish off the project write up I guess, but as the video itself on HNR website shows, it works. It’s staying. And we are in a position to be able to provide them as exclusive distributer in several states. Halliburton’s employee likes it and was Project Manager on it. It’s on a pad with a number of new shiny innovations that people were paying attention to whilst we were there (distracted Domingo from our tour) Its also being looked at with interest with environmental aspects and can see the University interest from the video also.. DYOR as the saying goes. Diamond You Objectionable Rascal?

D14 - Where to even begin. 1.) I didn’t report you, you only have to look the likes on my post to see you are not liked to say the least. I think you are often reported just to remove your lies and twisted agenda posts, or to wind you up. 2.) you don’t snort joints or blunts <rolls eyes> Can’t even make an attempted joke funny. 3.) I didn’t take any. 4.) We didn’t stop production on Wildhorse or Powell when we spudded the six new wells. 5.) We didn’t stop production on Wildhorse or Powell when we drilled the six new wells 6.) We stopped production when we started the frak jobs and started again during flowback. 7.) We ran out of water on 6 wells (on the 3rd) 8.) We didn’t have a gas sales pipeline. 9.) We were also building out an entire new production infrastructure. 10.) We were decommissioning our NGL gas plant 11.) Powell and Wildhorse needed to be redirected to new gas setup. 12.) We started flowback on the wells and production again at roughly the same time, whilst still drilling plugs out on the 2nd batch of wells before flowback. With that in mind are you really sure about stopping production for 4-5 months. Are you sure about that? Or is this another wildly exaggerated claim. It is 7-10 days actually frak a well * 4. Assuming they still stop as in different bench, but likely would for the Frak itself. You didn’t see these additional wells coming did you? And you have to try and find something negative in it. The frak jobs would not be until after approval and then drilling, so wouldn’t be for several months at least. In which time lots more things could happen with Kansas or Epiphany or WD could be sold on. The crop trial will be done soon, $8000 for 50 plants, without actual proof of success, you have a clue how many they can grow? No. You have a clue what worth if gets 25-35% more yield. No. True are not “in control” of 15-16 it’s *our lease* so any drilling on it would also require our agreement, our timing... PS: Didn’t ARCM double when you deramped that? So many things wrong. Again. Hopeful Dick / Hopeless Dave / Dopey...

It’s back.... after it’s BAN. You are so full of yourself. “The rise yesterday was existing investors.” How the f would you know? How do you know a few other people have not bought in? With your recent ban don’t you have some people to go and annoy on the other board? You know the other one you were telling everyone it’s a bad investment and yet didn’t that go up during your ban also? The rise yesterday, and today. If it was existing investors, would have been because we know more wells are coming. You still insist there will be a placing, despite the fact that the company has stated it has enough funds from ED to keep it going. Clearly the intention is now there to put *more wells* on the already functioning pad in 15-16. You kept saying we would place as we would have no cash. You were and are still wrong. You kept saying we would have no more revenue besides these wells and continue to ridicule the additional monies we can get from all other means. Only Kansas can provide additional revenues. - Wrong again. You highlighted wells in 30-31-32-33 would be part of the 7.5% deal and completely ignored any other possibilities like you always do, and the *very next day* we know we will have more wells in 15-16. If these aren’t part of this deal then Mr know it all, what deal would they be? A new deal? A deal with cash up front maybe? A higher WI % as the pad is already there? My point has always been you do not see what is going on, as it does not suit your constant negative bashing agenda, and you don’t do any real research. Can’t calculate revenue correctly. Can’t see outside of your blinkered options. Continue to generally be annoying here and on other boards. Only a matter of time before this share re-rates and no doubt *another* ban for you.