DTU - Nitrogen29 Jun 2018 08:20
Every time we have an RNS about the Nitrogen fields we have what looks like more significant details about it's use and costs in DTU technology.
This to me suggests more and more that news is imminent.
Also again this RNS proves more and more what a competent team HNR is
"Of further significance is that over time the flow rate of the well has increased to 2,581 Mcfpd (compared to the initial flow test of 1,769 Mcfpd rate). At these indicative levels of production, with numerous oil and gas fields in neighbouring states, Highlands may soon be in a position to secure much of its nitrogen supplies for its DT Ultravert needs more economically. For example, during Highlands successful Parent Well Protect test in the Permian Basin 8,762 MCF of nitrogen was purchased for a cost of $79,200 ($9.04 per MCF). Also, during Highlands successful Parent Well Protect test in the Piceance Basin 12,000 MCF of nitrogen was purchased for a cost of $140,400 ($11.70 per MCF)"