Highland Natural Resources' Operations Update
In this interview, Share Talk spoke with the Highland Natural Resources (HNR), CEO Robert Price, VP of Engineering Domingo Mata, Paul Mendell and FD Cully Cavness. They covered the release of the operational update with regards to recent progress at their onshore U.S. projects: http://www.highlandsnr.com/blog/news/operations-update
- Testing of DT Ultravert in the Piceance Basin, U.S. has commenced in cooperation with Laramie Energy ('Laramie'), Schlumberger Limited ('Schlumberger') and Calfrac Well Services Corp. ('Calfrac')
-Independent Probable Reserves Report received on East Denver Niobrara farm-in project indicating NPV of US$21.5 million with an IRR of 92% and a payback in approximately 11 months for six horizontal wells
-Highlands has commissioned and received an independent engineering report from MaCartney Engineering, LLC for its East Denver Niobrara farm-in project.
The team also covered: Helios 2; the opportunities for their Helium assets; the strong cash flow potential the company find themselves in; their uranium assets; farm-in opportunities and the current situation with regards to the current tranche of warrant.
The team added that more companies are becoming aware of their DT Ultravert Technology and are making enquires which all bodes well for the future.