Highlands Natural Resources PLC Replacement: Updated Flow Back Data (6866W)
16 November 2017 - 7:36PM
UK Regulatory
TIDMHNR
RNS Number : 6866W
Highlands Natural Resources PLC
16 November 2017
The following press release replaces the press release of the
same title released at 07:00 on 16 November 2017. The percentage
increase in the production rate has been corrected to 60.4% with no
further changes made to the press release.
16 November 2017
Highlands Natural Resources plc
('Highlands' or 'the Company')
Updated Flow Back Data from the Wildhorse and Powell Wells at
the East Denver Project
Highlands, the London-listed natural resources company, is
pleased to update the market of continuing progress in flow back
operations at the East Denver Project, which have so far reached a
combined flowrate of 1,022 BOE per day from the Wildhorse and
Powell Wells, measured during the 24-hour period ending at 10:00pm
(MST) on 15 November. These figures reflect a 60.4% increase in the
production rate since the prior market update on 10 November.
Highlands notes that oil and gas production volumes and fluid
percentages continue to rise steadily and remain in-line with
expectations, and the Company will announce a definitive Initial
Production ("IP") result in the coming weeks once production rates
stabilize.
THIS RELEASE CONTAINS INSIDE INFORMATION.
**ENDS**
For further information, please visit www.highlandsnr.com, or
contact:
Highlands Natural +1 (0) 303 322
Robert Price Resources plc 1066
+44 (0) 207 464
Brinsley Holman Keith Bayley Rogers 4098
+44 (0) 131 220
9771 /
Cenkos Securities +44 (0) 207 397
Neil McDonald plc 1953
St Brides Partners +44 (0) 20 7236
Lottie Brocklehurst Ltd 1177
St Brides Partners +44 (0) 20 7236
Hugo de Salis Ltd 1177
This information is provided by RNS
The company news service from the London Stock Exchange
END
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