Highlands Natural Resour... Share Discussion Threads

[the hood] 12/9/2016 13:52

It will multi bag on the right news.

[family values] 12/9/2016 13:07

Bouncing on significant buying.

News leaking perhaps??

It could multi bag.

[ch4p_85] 12/9/2016 12:23

Don't know about you guys but I'm taking a bit of a shafting here at the minute...

[superg1] 12/9/2016 12:18

Here you go have a read yourself well production records don't lie.


HNR used the big month to put that in their rns.

First month 28k barrels then it quickly plummets to about 5k per month or a 6 month rate of 30k.

HNR's hype claim were that the wells are doing 50k to 100k barrels (6 months)

majority = just 2 wells, note they threw in the 'numerous' hype word.

'Conoco has drilled numerous productive wells in its leases north of the farm-in acreage'

All designed to mislead imo.

[superg1] 12/9/2016 10:42

Oh well no takers, about $7 mill to $10 mill would be a guess to drill wells like Conoco did on their exploratory operation in Araphoe which they have on the back burner for now.

So 6 wells if they are doing the full techniques they use the examples from $40 to $60 mill needed may be. So who is going to fund that?

If they are doing horizontal multi stage fracs they don't use such examples as over-state them to get the warrant shares away at a nice profit.

The apparent Conoco example used is 8000' deep 8000-8500 horizontal and a 42 stage frac.

[dice1950] 12/9/2016 07:48

Permian Panic Driving One-Quarter of Global Oil, Gas M&As

[superg1] 12/9/2016 06:58

Quote what you like

I gave you Renegades rate for where they are and that is what matters. Conoco's rate in Arapahoe is alao listed.

I note the BOE reference which isn't just oil.

The fact is 2 hit the rate they said out of 20 Conoco have and both decline well below that rate and certainly nowhere near 100k for 6 months.

All data including every form is avaiable.

The simple question was what is the cost for an 8000' deep well with about 8000' horizontal with 42 frac stages. That will give you an idea of capex then multiply by 6 as that is the best Conoco well. The best Renegade well is very poor.

As far as I recall nothing was showing for Elbert and Douglas with just 1 in Adams. There were plenty of gas wells showing for them in La plata in SW Colorado.

[superg1] 11/9/2016 20:51

You guys make me smile. Montana Helium is a dud I'm absolutely sure if that. Chatted to last lease holders and Mr Helium.

Colorado wells are con news too as on the other thread.

Hnr just big it up and in go the warrants.

That is the one good point for the share price HNR always seem to keep news positive.

Funny how with such a keen interest to release positive news they haven't announced that well tests have started, especially with water issues in play.

[bad gateway] 11/9/2016 01:11

Not one to lightly ruin a good vendetta superg1 but from browsing conoco's website what hnr state seems inline.


The Niobrara play is located in the southern portion of the Denver-Julesburg Basin in northeast Colorado.

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] 10/9/2016 22:55

BTW

The best Conoco well was 8000 feet deep and about the same horizontal with 42 frac stages.

I see there are some oil chaps here, how many millions do such wells costs to complete ?

[bengee] 10/9/2016 20:03

Hi ssnichani

You sound like a person who has their finger on the pulse.
What do you think of Sound Energy then and will it romp away before HNR ??

Thanks

[doublestexan] 10/9/2016 18:25

Any news on the schlumberger tests?

[ssnichani] 10/9/2016 14:43

. . . and apart from there numpty deals and RNS's they have done sod all to date, yet peeps fall big time and get burnt big time. In June they hyped gravity gas prospect, did sod all and don't mention the gravity prospect anymore. Now they hyped helium prospect so wait till they do sod all about this now.

Think about it,

A patent filing from DT whose directors are the same folks as here.

An 18p subscription of 10% to an unknown person May, no holding RNS. Mnetions fully funded till end of 2017.

Yet within days does a killer deal on the DT options with an unknown entity called institutional investor.

The unknown entity taking up these DT options at 1P selling them onto sheep funding the company when they were fully funded till 2017.

Why don't you ask RP who the institutional investor is. That should light up his face.

[superg1] 10/9/2016 13:22

Oh I get it now having checked 2015, selective information tactics it seems.

In 2015 the biggest well seems to have been 'state massive' at 128,000 barrels for the year.

2014 reveals no such similar figure.

State massive first 6 months of this year 28,523.

I suppose the break of 128,000 last year allowed them to be a bit liberal with claims of 50k to 100k in the first 6 months.

So based on the figureds that rns seriously a reasonable reflection of what is there.

On that point where does majority come into it. I'll check where the 20 wells drilled into, was it 2 of 3?? hence the comment. The vast majority listed do squiff all 12 having done less than 6000 barrels for the year.

HNR hype cherry picking info and pumping it and warrants selling into it.

[superg1] 10/9/2016 13:07

Drilling edge says Conoco have wells in Adams and la plata which is a long way off. Adams is next door north of Arapahoe.

Data says in June 1 well for 359 barrels for the month.



Adams 1, Arapahoe 20 La plata 81.

La plata is all gas it seems and 100's of miles from Arapahoe

Perhaps there is data elsewhere but I'm using the most reliable state database just like drilling edge do.

[superg1] 10/9/2016 12:42

Conoco wells in Arapahoe are as follows, annual production so far (6 months).

20 producing wells.

6 under 3000

6 under 6000

7k
8.7k
12.6k
13.7k
15.7k
28k
28k
35k

I'll try and track down the 'adjacent' claimed wells later. Note such news (helium) has included data from wells 100's of miles from where they are.

[superg1] 10/9/2016 12:25

As HNR seem to seriously over-hype things (as in the case of Helium) which I've been studying or years and talking to lead figures in the US on the ground over that time. It's a dud as far as they are concerned. Why haven't they issued an rns stating the test well has been started etc. HNR love to big it up and fire out news all the time.

They haven't and there are water supply isues there as listed in news. Brace for a delay imo, if they had started the workover I'm sure they would have bragged about it by now. Still a few weeks to go but I take it from silence it hasn't got off the ground yet.

DT is a theory nothing more, a theory from a man who I hear has 'issues', and would explain behaviours some of you guess at.

Worse still there is another issue unknown by TW or anyone else in the market. It could fly if DT works of course, But slickwater was sorting that problem long along I suppose it all depnds on costs.

It may be the basin has been chosen due to water issues re slickwater and the like.

[superg1] 10/9/2016 12:17

You have to love HNR for the way they word things in news re their 6 well plan

To put this in context, a well producing more than 50,000 barrels of oil in its first six months would rank among the top 12% of all horizontal Niobrara wells based on 2,943 wells with sufficient data history as of May 2016 (data from IHS and Colorado Oil and Gas Conservation Comission).

that it has entered into a farm-in agreement in Arapahoe County, Colorado with Renegade Oil & Gas'

June 2016 the last full month update.

Arapahoe

Producing wells 157

total production 68,000 barrels over 2912 production days

therefore bpd = 23 bpd average per well.

Renegade June 16

Total production days 713, Total oil 1060 barrels from looks like about 24 wells going by production days. 44 barrels per well per month.

HNR's suggestion is their wells will be 300,000+ in 6 months.

HNR forecast 278 bpd per well minimum up to 558 bpd per well.

That would mean 180 production days for 50,000 barrels per month from 6 wells.

Jeez they should do 2 more and double what the current 157 wells are doing in Arapahoe.

Renegade's best well did about 8 bpd in June so HNR expect 35 to 70 times their best rate.

No wonder Renegade signed up on a free carry. Watch out for the Arapahoe stampede as HNR near double the counties oil production with just 6 wells v 157 currently in play.

And you wonder why they sell their warrants to cash in lol.

[jacobengel] 08/9/2016 14:13

Guys I was right about MAYA, AEC and FUM. Check out WSG - "significantly greater contract than £30m pa" due to land right now. share price in strong upward channel. Huge jump coming on that news...DYOR

[investment dave] 08/9/2016 06:01

Target 75p

[investment dave] 08/9/2016 06:00

These two AIM favourites could surgeBy Alistair Strang | Wed, 7th September 2016 - 10:13??Highlands Natural Resources (HNR) andCloudtag (CTAG) both cluttered our email recently and a glance at recent trading data against these AIMs gives a clue as to why.Please remember the AIM is currently topping out at 800 points and we want the market above 813 before we will suspect a genuine upward surge is commencing. Thankfully, both these shares appear to have little work to do, which can start 'em moving.Highlands Natural ResourcesCurrently trading around 31p, HNR needs to better a visually difficult 47p currently before we can believe growth is commencing to an initial 61p, with secondary an interesting 75p.The reason we're fascinated with such a secondary comes from the number matching the highs earlier this year, as this will tend to provoke a stutter at such a level, if achieved. Beyond such a point, we'd need to run the numbers again.However, the current drop cycle is proving a slight concern, as near-term weakness below 29p suggests a visit to 23.75p and hopefully a bounce. In fact, from our perspective, it almost must give a bounce due to the implication below 'red' of 3.5p. In fairness, we'd suspect bad news would be needed.It's certainly unusual for us to propose such strong upward movements but the current - rather contrived - downtrend is interesting.