Resources Plans Expanded Drilling Program but Past Results May Indicate Challenges Ahead

Published on Aug 09, 2023

In July, Houston Natural Resources (OTC: HNRC) acquired Appalachian operator Cunningham Energy for an undisclosed sum, after paying $19.62 million for a 9.9% interest in October 2022, with the company planning a NASDAQ or NYSE uplisting later this year. Central to the deal is an aggressive plan to revive older conventional oilfields with more modern […]

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