Member Info for IAmNotSpartacus

Nice delayed buy

How can it be in-capped. Otherwise why say the offer will close early if over-subscribed. Expecting another RNS to state how much they are raising. Who would subscribe without knowing the dilution levels!? Comical.

And the gas pipeline's being connected as we speak :)

That's potentially brilliant news! Fad you ol' devil you! Looks like True are indeed pressing ahead with the additional 16 wells in ED, and Renegade's dockes in that section are "dismissed". That's a bit of a game changer for HNR's income stream.

Add on the gas & water and it’s even more significant

My estimate of HNR’s revenue of the extra 16 wells is ~ $1.26m per month, for just the oil. So I would think it would be financially beneficial to True, taking into account drilling costs & any Renegade share.

Strongly suspect that our interest in the extra 16 wells at ED will come to fruition this year

Great positivity from the guys that have gone to see operations

You have to take D14’s posts with a pinch of salt. A slice of lemon, and a shot of tequila. Lolz

@ShangrLa Overlooking the fact you've got the market wrong, that's some turn around from your posts on Sunday and yesterday

To 29p

Ah MM is back!...I'd say it would be nice to get to know u given the acquaintance was so brief last time, but given your strategy please don't be offended if I say I hope your presence here is similarly brief!

Also look at percentage ownership when doing comparisons

WTI up 5% and rising

Given that a certain poster on here was doubting whether True would bring these online because of the prevailing oil price, I would say today's RNS is a very positive statement of intent.

Look like a couple of rollovers tbh

Stay around longer and you could be porscheman

Looks like Wildhorse is being opened up as we speak!
https://cogcc.state.co.us/cogis/FacilityDetail.asp?facid=449920&type=LOCATION

This the same dropzone who doesn’t know the difference between SP and MCAP!?

Do we think True will look to get these online during 2019? If wells 3 - 8 are as good as WH and Powell I'm sure they'll be interested on getting the others drilled ASAP. They'll need to get the situation with Renegade sorted tho, but this will get HNR an additional 2019 revenue stream for zero cost.