Highlands Natural Resour... Share Discussion Threads

[asusasus] 21/10/2016 09:24

Resistance broken. Next stop 70p

[bo90] 21/10/2016 08:54

I don't know but the extra 20 mill shares might have some dilution

[andrbea] 21/10/2016 08:46

why are we not back at 70p? That's where we were before that successful testing rns. Markets really slow on the uptake.. Warrants were just a temporary blip ...

[ch4p_85] 21/10/2016 08:43

We have breached the resistance at last. Nothing can stop this now. So SAYETH the the spider.

[rocket fuel] 21/10/2016 08:41

50 on the cards today.

[molatovkid] 21/10/2016 08:38

buying constant now

[molatovkid] 21/10/2016 08:33

there she blows!!!

[molatovkid] 21/10/2016 08:30

lots of buying...must pop soon

[grsl] 21/10/2016 08:23

Just saying if anyone here had missed it last night, going on his previous predictions he has been pretty accurate so far.

[ch4p_85] 21/10/2016 08:07

Not sure why over LSE they going on about warrants not cleared yet, they look gone to me

[podium] 21/10/2016 08:06

I wouldn't say they were well informed GRSL. A BB ramper, nothing more. Don't think this needs such desperado ramping from the day traders.

[aganatra20] 21/10/2016 08:02

I think that person was drunk.

[molatovkid] 21/10/2016 08:00

That would be price sensitive information and would require an RNS

[grsl] 21/10/2016 07:59

A well informed poster on LSE believes that DTU has been sold and not to schlumberger

[someuwin] 21/10/2016 07:54

Nothing to hold this back now.

And everything to drive it a lot higher.

[effiert] 21/10/2016 06:58

Highlands Natural Resources: Well services technology worth three times current share
DT Ultravert is on test with the oil field services giant Schlmberger and potentially solves the problem of ‘bashing’;

Highlands Natural Resources Plc’s (LON:HRN) breakthrough drilling technology is conservatively worth triple the current market capitalisation of the whole firm, a senior director told Proactive Investors.

DT Ultravert is on test with the oil field services giant Schlumberger (NYSE:SLB) and potentially solves the problem of ‘bashing’;.

This is a reservoir damaging problem seen in shale operations with high well density.

Bashing occurs when a new well (typically referred to as the ‘child’) is fracked in a close proximity to an older, already producing well (known as the ‘parent’).

Fracking fluids can infiltrate the well bore in the parent, causing damage that leads to reductions in both production and reserves.

Anything that prevents bashing could be a significant tool to oil companies under pressure as the crude price bobbles along below US$80 a barrel.



Cully Cavness, head of finance and business development at Highlands, said an independent validation of DT Ultravert had been carried out by a “third party engineer”.

It put a preliminary net present value on the technology of £38mln (US$50mln), using a 10.5% discount rate.

That compares with company’s current market capitalisation, which stands at £11mln.

“DT Ultravert could be that next phase; the solution for the economic and efficient of infilling of discoveries,” he told Proactive’s Juliet Mann.

[effiert] 20/10/2016 16:28

near 7m volume as well. lovely

[keya5000] 20/10/2016 16:24

effiert,

Thats my thoughts 50p close tomorrow and perhaps with helium news next week pushing on to a £1.

[rocket fuel] 20/10/2016 16:20

can see 100-150 here very soon.

[effiert] 20/10/2016 16:17

near full ask being hit. can see 50p tomm

[regandharry5] 20/10/2016 16:02

7864....according to the last rns the technology has proven to be successful. Sit back,enjoy and be patient.

[molatovkid] 20/10/2016 15:55

Wait till the contracts start being signed....hence HNR being so keen to be able to operate independent of Schlumberger....now we know why.

[someuwin] 20/10/2016 15:44

I can see this getting back up to previous highs fairly shortly.