19th Jul 2018 12:30
LONDON (Alliance News) - Highlands Natural Resources PLC said Thursday that it completed drilling operations of all its six wells at East Denver in Colorado, US.
"With the completion of the drilling operations, the pad is currently being prepared for upcoming fracking and flowback operations," the company added.
At the end of June, the company revised its drilling schedule after testing a "new bottom-hole-assembly" drilling technique, expecting the operations to be completed within three to four weeks.
The new technique was "in line with the company's strategy to deliver cost-effective operations as efficiently as possible", it said then.
Highlands shares were trading up 0.1% at 22.15 pence each.
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