Houston Natural Resources Corp (HNRC)

[pepeoil]

Bwahaaaaaaa. Valuation based on fantasy of 68 wells hit. Bwahaaaaaa. Buyer beware

“ The updated independently appraised value of the CE's leasehold position, as of December 31st, 2022, is $352 million dollars, assuming the current proposed sixty-eight (68) well drilling program is completed. The acquisition of the 100% interest of CE, in cash and securities, increases the Company appraised asset value by $3.35 per share, based on the current shares outstanding.”