Gas Sales Commence at East Denver Project

RNS Number : 2022O

Highlands Natural Resources PLC

28 January 2019

 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY HIGHLANDS TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 28 January 2019

Highlands Natural Resources plc ('Highlands' or 'the Company')

Gas Sales Commence at East Denver Project

Highlands, the London-listed natural resources company, is pleased to announce that gas sales from all eight wells at the East Denver project have commenced, following completion of the gas pipeline.

This will add to the robust oil revenue Highlands is already receiving from the eight producing wells at the project. Highlands holds a 7.5% interest in each well on the acreage.

The Directors look forward to updating the public about the Initial Production rates in due course.

***ENDS***

For further information:

Highlands Natural Resources plc   

Robert Price    [phone]

Cantor Fitzgerald Europe    

Nick Tulloch    [phone]

David Porter  

Newgate Communications

Elisabeth Cowell         [phone]

Fiona Norman

 

END

 

 

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