Independent Analyses of Core Projects

09/01/17
Highlands Natural Resources is pleased to announce the results from independent evaluations conducted separately for all three of its core assets, the East Denver oil and gas project (‘East Denver project’), DT Ultravert re-fracking and parent well protection technology, and the Helios Two natural gas and helium project in Montana (‘Helios Two’). These independent reports confirm the intrinsic value of the Company’s portfolio and the discounted Net Present Value (‘NPV10’) potentially available to the Company via the development of its portfolio with a valuation range for the three assets combined defined as between US$441.8 million and US$600.1 million.