Cunningham Natural Resources Corp CNRC

HNRC ENGAGES INTERCAPITAL ENERGY

[AveragePenny]

HOUSTON, May 16, 2022 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNR or the Company") announced today that InterCapital Energy LLC ("InterCapital") has been retained to provide financing on the company's projects. 

InterCapital has thirty years of experience in the oil and gas industry and has selected a number of assets with growth opportunities in production and reserves. They have a multidisciplinary team of experts working as one for generating integrated solutions with high value. They have been partners in projects of up to $250 million and have experience managing lump sum turn key projects of more than $1 Billion.

The company is currently negotiating joint venture agreements with InterCapital  to provide capital for the development of its oil and gas fields in Texas. They expected to be operational in the next sixty days. InterCapital will also provide joint venture opportunities to fund the company's future acquisitions.  

https://www.prnewswire.com/news-releases/hnrc-engages-intercapital-energy-301548069.html