Highlands Natural Resour... Share Discussion Threads

[money4me] 15/9/2016 11:13

up an down like the girlfriends knickers here

[the hood] 15/9/2016 09:43

No way we will drop to that level.

pre AGM RNS Tuesday AM with corporate updates.

Now is the time to buy IMHO, DYOR etc

[hitch19] 15/9/2016 09:35

Going up again

[aganatra20] 15/9/2016 08:47

Possible with the way this is dropping.

[hitch19] 15/9/2016 08:03

Desperate for 23p

[superg1] 14/9/2016 16:34

I'm not the only one with that view, I just remembered from Nighthawk research that the locals have a forum on it.

I just eread about Conoco and they said they applied techniques from elsewhere which I taketo be the 20 refrac 11,500 feet wells I listed.

The numbers looked very poor to me and obviously Connoco decided to go big on some wells post the 20 fracc run to see what they could achieve. Hence Conoco did frac stages of 39 to 42 and 16,500 feet. The enhanced completions Conoco did.

Here it is from the guy on the ground at the time and his view re the Conoco wells, Note the well names they match what I put in a post.

That RNS was highly misleading imo.

The post by a local (note the last line after the last big wells they stopped)

Is it hard to justify the continuous drilling by Conaco with the production results recorded to COGCC? Conaco has made a huge investment in the Arapahoe area with very little in return and now it looks like they are willing to spend more renewing leases.(so I read). I see no advantage of smoke screens or oil field tricks at this point.

Lets review the last couple years:

Anadarko drills the first well which was a disappointment producing 5,663 bbl in Dec. 2011 to a decline of 503 bbl in Sept. 2013.



Conoco's Grimm decline from 3,282 bbl to 1,011 bbl in 7 months.



Conoco's Tebo 3 decline from 3,191 bbl to to 1,434 bbl in 3 months.



Conoco's Murphy 1,472 bbl in first 25 days



Conoco's Krout 3,652 bbl in first 18 days



Now we have THE GIANT Tebo 33 10,305 bbl in the first 25 days. I hope those numbers were not a misprint.



We have several other wells which should be reporting production in the next few months.

It appears Conoco is committed to their investment, at least for now.

[superg1] 14/9/2016 15:32

Bad

little knowledge is a dangerous thing

What looking at the actual well data v HNRs claim and having comms with US folk on the groud who call HNR the laughing stock in the relevant state helps.

Ok then so what do you know about the health of Mr Mendell and any contract restrictions he may have hmmmm is that Colorado tumble weed I see rolling by.

Been here before on the likes of PRG where they believe the directors, I'm not in, not short and you lot are bing mugged. I just know about some factors that the market doesn't.

Divert may work is my point but forget the other stuff it's rubbish and just share price manipulation IN MY OPINION.

Why did they go main market was that to avoid nomad interference??

So I hope divert works if not this share is zero.

[h2owater] 14/9/2016 10:21

AGM 20th September From LSE:Today 09:45 Price: 38.00tuvok 179 postsRE: Testing dates to be announcedHere is an exert of the email I received from RP :4. Field testing in the Piceance Basin is being coordinated between Schlumberger and the operator. As soon as final testing dates are confirmed (before or during September), we will provide the market with a detailed update.I am with Turkey on this, surely by now they will know if testing is as per the agreement, to begin this month.AGM in 18 days, the BOD will want some positives to take into his, otherwise it may get a bit frosty to say the least.Off Topic No OpinionReply to postReport post

[lastdrop] 14/9/2016 05:40

Highlands Natural Resources PLC (HNR) “Game-Changing” Technology
14th September 2016

DT Ultravert technology could be proven to be a game-changer for the global oil and gas industry as the company continues to push toward commercialisation.

[family values] 13/9/2016 23:26

Tomorrow may well bring an RNS.
If positive the feeding frenzy will be most interesting.
I wouldn't be surprised to see 100% plus rise.

Eyes peeled for 7 am.

Sleep tight

[keya5000] 13/9/2016 16:35

Superg1 did Paul Mendell dry bum you once or something?

Your obsession here holds no bounds.

Stick to IOF that you have been ramping for years and concentrate your efforts there, no one here gives a f@ck about your opinion.

Hope that helps.

[bad gateway] 13/9/2016 16:32

Thats ok superg1 most of what you've posted appears as gibberish to be honest. looks like a classic example of a little knowledge is a dangerous thing especially when its an obsessive with an unlimited internet connection. Sure you believe you know what you're on about but it seems to have got lost in the translation somewhere.
Good to see the rise today maybe someone actually does know something and is buying again.

[hitch19] 13/9/2016 16:32

Do your worst

[superg1] 13/9/2016 14:58

Bad

I've done the work for you rather than a newapaper article link abou the Niobara.

Connoco wells near HNR which they refer to.

All are in the Niobara and horizontal frac wells.

They started in 2012 with most of the wells being about 11.5k feet with 20 frac stages. Typical water use 70k barrels and 3.5 mill lbs of sand.

tebo 4 28 stages.
Cline 32 stages
Youndberg 40
Murphy 42
S massive 41

You get the drift the biiger wells went up to 42 stage fracs and 16,500 feet. Up from the 20 fracs and 11,500 feet.

One well has something like a 266,000 barrels of water and 13 mill lbs of sand.

There you have it all multi stage fracs, very high volume water and sand fracs. How they convert a few into a majority for 20 completions then I don't know. It must be the 40 stage frac lot.

The average for the first 6 months of this year for 17 of the 20 wells is 5,716 and declining.

The average for the last 3 completed is 31,000 for 6 months of production and they will see a big decline.

So in short HNR news is designed to deceive IMO to excite investors.

It's all about divert ignore the other rubbish.

I'm guessing each well if they followed the Connoco standard will cost $5 mill to $10 mill each and with only a few hitting the rates they claim pre severe decline with 6 it could be a complete miss on all of them.

So you need $30 to $50 mill imo. But as you and I know they are never going to drill those wells, so don't worry about the funding, it ain't coming, if it does, then ruuuun.

[the hood] 13/9/2016 14:21

Another false dawn or are we actually going to get some news this time.

[tidy 2] 13/9/2016 14:10

Boomage !!!

[tidy 2] 13/9/2016 13:59

Paying over guys

[dice1950] 13/9/2016 13:32

Getting buys with buyers news due

[tidy 2] 13/9/2016 13:28

Momentum here.

[superg1] 12/9/2016 14:29

bad

The area staretches into other states which means 100's of miles across, it doesn't make it all good just like in many other plays. BTW it is on the edge of the play.

HNR quote what is close to them what you quote could be 100 miles plus away. HNR HNR news is misleading with the mention of numerous well completions which amounts to 20, and those that fit their claimed figures are just 2 out of that 20. Hence the 'optimized' point which I suspect allows them to call 2 a majority.

They are on Renegades patch who don't have figures anywhere near what Conoco report.

It could be that Renegades wells are not multi-stage horizontal, I'll look some time.

As said 42 stage fracs was Conocos attempt to maximise what they could get and the best wells quickly declined to nothing exciting.

So as I said multi-frac 16000' optimized wells cost a lot of money and I can see anyone funding it with the data out there.

If I can find Conoco's costs I'll list them.

Frac stages can be viewed in the well diagram documents.

[bad gateway] 12/9/2016 14:17

so you're going to completely ignore all the other co's in the link i gave you with their extremely high initial production ratesand concentrate on your limited understanding of what conoco may or may not have done?
Talk about selective information.lol

ConocoPhillips entered the play in 2011 and holds approximately 109,000 net acres in this oil-producing reservoir, primarily in the counties of Arapahoe, Elbert, Adams and Douglas.

In 2015, our net production in Niobrara averaged 5 MBOED.


+ there have been many examples given of 500bpd+ of initial production in Niobrara.
Noble energys initial production rate listed as 500 – 600 boe/d rising quickly to 700
Andarkos at 800 ip

PDC energy at 500 ip

Carizo oil at 600 ip

Bill Barrett Corporation at 500 ip

Whiting Petroleum at 400 ip.

Assembled below(above) are the reported decline curves from some of the more notable companies operating in the Niobrara play. The decline curves presented were obtained from each company’s investor relations section on their corporate website. The decline curves show averages of actual production, or projections, of each company’s Niobrara wells and may be sorted by formation unit, proximity to the core Wattenberg field, or the length of a horizontal lateral.

[superg1] 12/9/2016 14:07

Exactly hood bit the right facts just the right news.

I find research on various shares useful to understand news and tech reports.

HNR

'The majority of Conoco's nearby horizontal wells with optimized completion techniques produced between 50,000 to 100,000 barrels of oil in their first six months of production.'

So it seems the key words are 'optimized completion'

What's that wells with the highest number of frac stages I suspect, not the complete list of horizontal wells fracced.

The main one 'state massive' was 42 stages, as were one or two others turning up, so I would hope the majority which amounts to 2 wells relates to 2 wells with 42 stages as opposed to others with less stages.

The vast majortiy of Conoco wells in the area (20) are well under what they state.