Monday, 16 September 2019 12:25 GMT
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Highlands Natural Resources excited by potential of re-fracking technology




(MENAFN - ProactiveInvestors)The chief executive of Highlands Natural Resources (LON:HNR) Robert Price and advisory board member Paul Mendell believe the company has its hands on a game changing 're-fracking' technology. The recently listed firm has secured intellectual property rights on 'DT Ultravert' a technique invented by Mendell which fracks existing oil wells to maximise recovery at much lower cost than drilling new ones. Speaking to Proactive Investors Price and Mendell explain why the technique could be highly disruptive force in the US$50bn per year fracking industry and prove lucrative to the business thanks to royalties and licencing revenues.


Highlands Natural Resources excited by potential of re-fracking technology

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