Houston Natural Resource Corp's CEO Frank Kristan is Featured on "The Street Reports Podcast"

Rhea-AI Summary

On November 9, 2022, Houston Natural Resources Corp. (OTC: HNRC) CEO Frank Kristan discussed the company's acquisition of Cunningham Energy and upcoming $1.75 dividend spinoff for shareholders during an interview on The Street Reports. The company holds interests in oil and gas and wastewater treatment, with the Halff Oil Field in Crockett County, Texas, featuring 83 oil wells and appraised reserves of $69 million. HNRC aims to expand through new acquisitions to enhance shareholder value.

Positive

• Announcement of a $1.75 dividend spinoff to shareholders.
• Existence of significant oil and gas interests, including 33 million barrels of oil.
• Appraised reserves valued at $69 million.

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• None.

HOUSTON, Nov. 9, 2022 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) CEO Frank Kristan was interviewed on "The Street Reports," discussing Cunningham Energy Acquisition, $1.75 dividend spinoff to shareholders, Oil & Gas, SPAC's, Financials and  Expectations.  

Listen here:  https://thestreetreports.com/the-street-reports-podcast-features-houston-natural-resources-corp-s-otc-hnrc-ceo-president-frank-kristen-listen-now/ 

The Street Reports

The Street Reports discovering companies from "Wall Street 2 Bay Street" specializes in bringing relevant information on micro-cap, small-cap, and generally undervalued companies to the attention readers/listeners which maybe potential investors.

About Houston Natural Resources Corp

Houston Natural Resources Corp. (OTCMKTS: HNRC) (www.hnrcholdings.com) is a diversified energy company with oil and gas interests as well as wastewater treatment facilities. The Halff Oil Field in Crockett County, Texas, 83 oil wells, estimated 33 million barrels of oil and water treatment and appraised reserves of $69 million. The company will also continue to seek new oil and gas and wastewater acquisitions as it focuses on creating more value for HNRC investors.

FORWARD-LOOKING STATEMENTS:

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.

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SOURCE Houston Natural Resources Corp

FAQ

What is Houston Natural Resources Corp's dividend spinoff amount for shareholders?

Houston Natural Resources Corp has announced a dividend spinoff of $1.75 to shareholders.

What are the key oil reserves of Houston Natural Resources Corp?

Houston Natural Resources Corp has an estimated 33 million barrels of oil from its Halff Oil Field.

What is the current market focus of Houston Natural Resources Corp?

Houston Natural Resources Corp is focused on expanding its oil and gas and wastewater treatment acquisitions.

Where is Houston Natural Resources Corp's Halff Oil Field located?

The Halff Oil Field is located in Crockett County, Texas.

What was discussed in the recent CEO interview on The Street Reports?

The interview covered the Cunningham Energy acquisition, dividend spinoff, and the company's financial expectations.