Harris Exploration, Inc (HXPN)

[AgInAustin]

Another deal. this is a producing oil field which means that revenues will start flowing in on this deal as the others start producing as well. Having revenues on the filings should boost interest in this stock and get it moving.

https://www.otcmarkets.com/stock/HXPN/news/HXPN-Inc-announces-Purchase-of-Working-Interest-in-Bayou-Villars-Field-South-La-Relocation-of-HXPN-Inc-Headquarters-to-F?id=367934

"The Company will record its proportionate share of the proved reserves in its 2nd quarter financial statements."

Also, the valuation of the stake in the Sheppard deal is $83M. HXPN market cap is 14M. Estimated yearly revenue from Sheppard deal is $49M.

The upside for this stock is high.