Member Info for HopefulDave

Think might simply be a case of working on other higher priority items and just a case of available resources. Kansas being revenue generating would prefer all the focus is there currently anyway! Get the feeling we will have the waiting for a bus effect and everything will come along at once!

Still $75 and now $3.29 for gas. Nice time to unveil a 48+ well plan! ....

The analogy was simply a point about backing something that from an odds, or in this case share price perspective that is incredibly attractive and the elation when you backed the winner. JJAL seems compelled to find a negative in everything. Substp posts a link highlighting RP’s work at the EDC which highlights a positive about him. JJAL’s response, rather than anything positive is to have a direct dig at RP for his salary.... just couldn’t let it go and have that positive thing hanging out there... If only you spent as much time researching the positive aspects of this company and focusing a little (not saying you shouldn’t be critical where it is deserved) on those you might drink from a half full cup rather than a 7/8th empty one. Off to work...

My guess, when that asset **alone** is reflected in the SP at an X times revenue... it could be more than the current MCAP...

JJAL - value is being added all the time. You my friend are simply blind to it. The company is growing. It’s assets are growing. The land under lease is growing. Just because it isn’t currently reflected in the SP doesn’t mean the company is not in a far better position than it ever has been. Just because you cannot yet see the full extent of the work that has gone on over the last year, doesn’t mean it hasn’t gone on. WD will no doubt be unvielled soon and along with it, permit applications for absolutely loads of wells. Kansas will soon be a revenue producing asset, of which we will no doubt also get more news on how many wells we can expect to see come online. DTU may well also have a little surprise given the Nitrogen situation also. All of this work is not currently reflected in the SP as it’s not over the line yet (or not announced yet) but doesn’t mean to say those well applications aren’t already all drawn up just waiting to be submitted. We will also no doubt have been working on financing options for the wells in WD / Kansas etc. Robert is CEO of our company, a company that has the potential to deliver assets worth hundreds of millions, perhaps even billions of dollars over time if Helios is viable, you have no idea how many hours he puts in to deliver what has been done so far. The SP has been disappointing as in an ideal world it would have gone up over the year, however if it had I wouldn’t be able to hold anywhere near as many shares as I do.. every cloud... We know the Nitrogen play is valuable. We hope WD can deliver 48+ wells, alongside ED. DTU and Helios have the potential to deliver huge rewards on top. Roberts value, aside from the time he puts in, is also his contacts and his ability to deliver the things you can’t see reflected (currently) in the SP. The water play, CO2 play, both of which could be very interesting indeed as well. I’m sure when these plays come to light (Kansas & WD no doubt soon) and the wider population catches on to the real value of those assets, the SP will no longer be a concern, and you will realise just how much Robert and the rest of the team have delivered in the last twelve months and before. Analogy time: A win is always great. A win coming from 2-0 down after 20 mins is even better, a win when you backed the winner when it was 2-0 down.... priceless... Delivering shareholder value is the name of the game, investing is investing. Not gambling (bad analogy above lol) various events have transpired which have caused us to be valued where we are today. Remember the company is valued at ~£20m here for all its assets. ALL of them. Kansas could be selling nitrogen for ~$4 + profit an MCF imminently. How many MCF could we produce daily from 1100 ( could be more now) acres? My guess, when that asset **alone** is reflected in the SP at an X times

Oil may have dropped a bit but still nicely north of $70. Gas has made a nice recovery in the meantime also though :-)

Just in time for the shiny new pipe.

It's not surprising the relationships we have been able to establish with the big companies out there as little old Highlands.

Both Robert and Paul have extensive networks and contacts in multiple industries, and it's good to see the participation here by Robert both from a business perspective, but also a personal one on his part as it seems to be community-related also.

"The EDC Members are tasked with reviewing the economic condition of Colorado, developing and implementing programs for the promotion of economic development in Colorado, and ensuring that such economic development programs create employment opportunities for Colorado residents and benefit Colorado companies across the state. The EDC approves incentives from the economic development funds to public and private entities throughout the state to help existing businesses expand and new companies locate to Colorado."

Lets hope that one day we are one of those businesses expanding and bringing employment opportunities to Colorado!

https://www.desmogblog.com/2018/09/18/fracking-industry-waste-water-nightmare Certainly useful that we are piloting some treatment units in East Denver. With 48 + wells in West Denver it will be good to have a way to treat the water produced. Having the foresight to both catch this issue in the provision of clean water for the industry, but also forge close ties with a company who looks to be able to treat the waste water is great.

Oak

We have had our fair share of wacky posters.

And we can make a flying machine with the helium, eventually.

It’s like wacky races at the moment. Have lots of things just waiting to get over the line!

17.85 last trade. 75,000

.... The ethos of the company is clear: Acquire assets cheaply in terms of low prices: well we have assets of Oil and Gas, nitrogen, co2, helium and potentially even water! We proved the oil and gas in ED (Renegade and the drought the only issues there) and there is no Renegade in WD, and if the water purification plays out - the drought might be meh also. Nitrogen is proven. - just a case of waiting for the $.

JJAL. - the projects take time and patience. If the SP was stable around 25-30p you’d be feeling pretty comfortable with the ongoing developments and how things are panning out. It isn’t. So on paper things don’t look good from the SP perspective. As far as projects and assets go, the upside keeps on upping. A Kansas Nitrogen RNS could have us back in 25-30+ in a flash. And then you’ll either be gone, or you’ll stay waiting for the development of the other assets they have also been working on to unlock further value. Clearly there is a lot going on behind the scenes. Land is being added in WD. Potentially we are still increasing land / doing deals on land in Kansas. Who knows what partnerships we might come up with, but ask yourself one simple question. Why is it taking (in your view) so long to come up with a deal on Nitrogen? A commodity that is required in it’s purest form and has multiple uses in multiple industries? We could for all you know be entering into partnerships with some very big players on that. We are going to be selling Nitrogen in very large volumes to large consumers / re-sellers. Those deals could come in any number of styles. 1.) - Bulk offtake agreement(s) with cash up front to develop the site(s) rapidly. 2.) - Bulk offtake agreement(s) that enable us to start selling from the well we have and continuously re-investing the money to drill more wells. 3.) - Deals to sell Nitrogen to one or more licensed DTU operators in particular basins... 4.) - land leased and then partner up with a Nitrogen supplier, keeping what we need for DTU and partnering the rest? And so on. That one well has the ability to produce incredible revenue, see what happens when we announce we can drill X wells on Y land and we have agreed sales of Nitrogen... The commodity is there in abundance, high producing low cost wells. Those sort of deals aren’t popping down to a stall and haggling over a price. These are potentially going to be big big commercial deals. They could involve very large sums of money being made available very quickly. The rising cost of WTI is fantastic for the potential returns on WD. If we had sat on our hands we would not have secured the 4,400+ acres we have now and I imagine additional acreage will get more expensive as time goes on if oil prices continue to rise. We now have all but secured our next oil project (48+ wells) (without the difficulties of Renegade) and also looking at water options to get round drought issues, green issues (locals upset over water use) and potentially even earn revenue from the actual frak process itself! It is frustrating (the SP) But your constant ranting on failing to deliver is quite frankly pathetic. The ethos of the company is clear: Acquire assets cheaply in terms of low prices: well we have assets of Oil and Gas, nitrogen, co2, helium and potentially e

Excellent. Hourly updates please!

OMG ras I cant believe I had to wait for you to tell me. I’m so blocking Fadec our weather man for not informing us first.

Well it’s always been there and always needed to be dealt with somehow, so it would be a bit rude of them not to think about it! Hopefully we will have more options to utilize the water in a more cost efficient or productive manner moving forwards. Just interesting to me to see the additional noise around water use in the oil and gas industry, and our situation with the Muddy formation. Perhaps what stands between us and making money from natural gas and Helium, is actually a resource rather than a barrier/blocker? Wouldn’t that be nice! Coupled with our ability to provide nitrogen, should we also be using some sort of frak in the play, it certainly looks as if the cost modeling for Helios could be very interesting indeed. Hopefully Eagle results will be promising making further strides towards an economic cost model and a viable project in the long run. The upside on Montana is massive, every little thing that can help unlock the potential there is a bonus! :)

Maybe, either way the drought in Denver has highlighted the water shortage issues that exist withing the industry. That article on the fund seems to have established the fact there is a gap, and maybe more like them have, and we are looking at the Epiphany units + have lots of water in Muddy formation to get rid of.

Always thought of the water that needs to come out of Muddy as an expense that needs to be dealt with, aside from what we could use in Eagle, but if there is a use for it which could offset the drilling cost of Muddy or even just break even the ongoing process of disposal of the water itself in the first place, then that could be pretty awesome when it comes to it

Hopefully we will get Eagle news before long and start to find out what the steps are with regards to development there.

Found these rather interesting articles having done some digging around on this whole water business and thinking about Helios.... East Denver might be to far to transport water to and be economical (and environmental) so did some digging on what is a little more local....(Helios) https://www.bloomberg.com/view/articles/2018-09-10/powder-river-basin-shale-oil-is-having-a-moment And then came across this puppy..... https://www.businesswire.com/news/home/20180801005497/en/Funds-Affiliated-Apollo-Global-Management-Freestone-Midstream Interesting locations...both in terms of the company location and the proximity of the Basin mentioned to somewhere we have oodles of acres, and the only thing in the way of the Helium and Natural gas there is er de-watering.... Seems to good to be true! Q.) What do we want to get rid of loads of to make Muddy (Helios) viable? A.) Water. Q.) What do we need put into Eagle to fracture it. A.) Water. Q.) What are we still going to have an excess supply of, even if we use some in Eagle. A.) Water. And lastly, what does this $200m Project (link 2) want lots of for initially a basin not to far away from our Muddy formation.... WATER!

I thought when I read the last RNS that we'd look to flow back some wells before completing the overl frak on the 6 and still think that's likely. Even more so now. That was my take on the "Staggered operations" If just a delay to frak it would have been a delay to frak. "Staggering the operations" to me indicated some wells would come on-line. Not simply staggering the frak -> do a bit, sit back, do a bit, sit back. That's not an efficient use of peoples time / frak crews etc. Added with the Epiphany water setup, and suggestion of treating production and flow-back water -> all roads leading to something flowing back. COGCC Doc suggests flow-back is happening, or as SUB alludes to, imminent preparation for it. Would be nice to bring online a few more and have the IPs announced with the price of Oil flying. I guess won't be long to find out.