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Highwood Asset Management Ltd Com V.HOCL

Highwood Oil Co Ltd is a public oil and natural gas exploration, development and production company in Canada. The company conducts its operations in the Western Canadian Sedimentary basin, primarily in the province of Alberta. It derives revenue from the sale of oil. The company's key cash-generating unit is the Wabasca River Pipeline System.


TSXV:HOCL - Post by User

Comment by Copperrunon Mar 23, 2021 1:50am
83 Views
Post# 32856265

RE:RE:HOCL WILL PLAY CATCH UP SOON

RE:RE:HOCL WILL PLAY CATCH UP SOONTICK TOCK
Copperrun wrote: -Only 6 million shares outstanding and insiders hold 77% of the float for a reason!! They added in November 2019 at $18.00/share and in December 2019 at $16.50/share. Most of Debt if not all to be cleared this year after sale of clearwater and redwatet W.River is growing rapidly and is expected to add $4 million free cash flow this year alone! Also has many great opportunities the company is currently looking into!! Current production: 2,100 bbl/d and has room to do 2300 bbl/d. Expecting an $8-10mil pro forma operating facility.


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