Highlands Natural Resources: First Day of Dealings

First Day of Dealings

Highlands Natural Resources plc, an oil and gas investment vehicle, announces the admission of its 20,000,000 ordinary shares of 5p each to the Official List and to trading on the Main Market of the London Stock Exchange today.

The Company will be trading under the ticker symbol HNR and their primary strategy is to acquire quality oil and gas assets with stable income, at current oil prices, from distressed companies.

Highlights:

· CEO Robert Price is co-founder and former President of Palomar Natural Resources and a former advisory board member of San Leon Energy – has invested over £600,000, aligning him significantly with shareholders
· Highlands has identified opportunities to acquire quality assets with stable income while oil prices are weak
· 80/20 Model – Focussed on building a portfolio comprised of 80% production to provide stable income (20% ROI) along with significant upside through 20% world-wide exploration – this strategy will position the Company for future rebound in oil prices.
· A range of acquisition opportunities are currently being evaluated through Highlands’ highly experienced Board and Advisory Team with access to quality deal flow from banks and distressed companies
· Highlands’ target projects may include a value enhancement component such as helium and/or iodine

Highlands CEO Robert Price said, “The current oil and gas environment presents an excellent market opportunity to acquire high quality assets from distressed companies. Many debt-ridden companies are becoming increasingly desperate. Our Main Market listing is focussed on capitalising on this by building a de-risked, revenue generative oil and gas portfolio which also benefits from exposure to exciting exploration upside potential. We believe that our 80:20 model is responsive to current investment criteria and will provide investors with exposure to oil and gas assets with stable income at current oil prices, thereby positioning us strongly for a price rebound in the future.

“Our Board and Advisory team, which has exceptional avenues into both banks working with distressed oil and gas companies and industry professionals, is currently examining a wide range of opportunities. Not only do we have experience acquiring assets but also the proven operational expertise to develop them effectively. With this in mind, we are confident that we will have positive news regarding our corporate activity in due course and look forward to providing updates in respect to these exciting opportunities.”

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