Flow Back Operations Commence at East Denver

RNS Number : 9036U

Highlands Natural Resources PLC

30 October 2017

 

30 October 2017

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

Commencement of Flow Back Operations at East Denver Oil and Gas Project

Highlands, the London-listed natural resources company, is pleased to announce that it has commenced flow back operations at the Wildhorse and Powell wells ("the Wells") at its East Denver Niobrara Project in Colorado ("East Denver").  As previously announced, the Wells were hydraulically fractured 55 times each for a total of 110 intervals.  Flow back operations were targeted for the end of October 2017 and so Highlands' operations at East Denver continue to be within the Company's original timeline.

Highlands expects to announce the results of these flow back operations in the coming weeks.

THIS RELEASE CONTAINS INSIDE INFORMATION.

**ENDS**

For further information, please visit www.highlandsnr.com, or contact:

Robert Price	Highlands Natural Resources plc	+1 (0)  303 322 1066
Neil McDonald	Cenkos Securities plc	[phone] / [phone]
Lottie Wadham	St Brides Partners Ltd	[phone]
Hugo de Salis	St Brides Partners Ltd	[phone]

Notes to Editors

Highlands (LSE: HNR.L) is a London-listed natural resources company with a portfolio of high-potential oil, gas and helium assets and technologies. The company's core projects include:

·     East Denver Niobrara: a farm-in opportunity for horizontal oil and gas wells targeting the Niobrara shale formation in a well-studied area of the Denver Julesburg Basin.

·     DT Ultravert: a re-fracking and parent well protection technology with one patent granted and additional patents pending in the United States and internationally. Highlands is advancing commercial conversations with a range of oil and gas operators to create revenue-sharing opportunities for DT Ultravert applications.

·     Helios Two: a 105,000+ acre helium and natural gas prospect in SE Montana with drilling and assessment operations ongoing.

 

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