Business
Further Acquisition of Licences in North Dakota
Further Acquisition of Licences in North Dakota.
About this update from Chill Brands Group Plc
[{"type":"text","content":"\n \nRNS Number : 5679Y Highlands Natural Resources PLC 18 May 2016 \n\n18 May 2016\n \nHighlands Natural Resources plc ('Highlands' or 'the Company')\nFurther Low Cost Acquisition of Oil & Gas Licences in North Dakota\n \nHighlands, the London listed oil and gas company, is pleased to announce that in line with its strategy to capitalise on the current oil price environment to acquire assets at a low cost, it has acquired oil and gas exploration licences covering approximately 1,979.13 acres located in the Williston Basin, North Dakota. The consideration of US$14,411.56 has been satisfied through a cash payment. This latest acquisition brings the Company's total acreage holding in the area to 3,951.93 acres. \n \nHighlands CEO Robert Price said, \"We are delighted with the low cost acquisition of these exploration licences in North Dakota. We will continue to update the market as we continue our oil and gas leasing campaign.\"\n \n**ENDS**\n \nFor further information:\n \n\n\n\n\n\n\n\n\nHighlands Natural Resources plc\n\n\n \n\n\n\n\nRobert Price\n\n\n+1 (0) 918 361 7000\n\n\n\n\n \n\n\n \n\n\n\n\nCenkos Securities plc\n\n\n \n\n\n\n\nNeil McDonald \n\n\n+44 (0)131 220 9771\n\n\n\n\nNick Tulloch \n\n\n+44 (0)131 220 9772\n\n\n\n\n \n\n\n \n\n\n\n\nSt Brides Partners Ltd\n\n\n \n\n\n\n\nLottie Brocklehurst\n\n\n+44 (0) 20 7236 1177\n\n\n\n\nElisabeth Cowell\n\n\n \n\n\n\n\n \n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCDMGMKNRGGVZG\n ","length":4608,"tagName":"div"}]