Independent Evaluation Sets Net Present Value of Hunter Oil Corp. (OTCQX: HOILF) (TSX.V: HOC) Reserves Set At $829.7 Million
Independent evaluation calculates net present value of company’s reserves in Chaveroo and Milnesand fields in New Mexico Hunter Oil Corp. plans to commence development in the third quarter of 2018 Results of the evaluation of company’s oil and gas reserves show that its holdings in these two fields in the Permian Basin are 40.3 million barrels of oil equivalent (BOE) Company added 376 acres to its holdings in 2017, increasing its total position to more than 23,000 essentially contiguous acres in New Mexico Hunter Oil Corp. (OTCQX: HOILF) (TSX.V: HOC) increased its position to 23,133 gross acres in the historic…