DT Ultravert Testing Update

Highlands Natural Resources is pleased to announce that it has concluded its preliminary analysis on data collected over a three week period following the completion of recent testing campaigns for DT Ultravert in the Piceance Basin, Colorado. This analysis suggests a successful initial demonstration of DT Ultravert as a solution for both protecting existing wells (known as ‘parent wells’) from damage caused by a new threat that has emerged to the industry, known as ‘bashing’, and enhancing well productivity by facilitating the re-fracking of horizontal wells. Testing of DT Ultravert commenced in September 2016 in cooperation with Laramie Energy (‘Laramie’), Schlumberger Limited (‘Schlumberger’) and Calfrac Well Services Corp. (‘Calfrac’).