Hiko Energy Corp. (fka HIKO)

[eom7]

UTAH: Uintah Basin: Registrant owns producing royalties under wells operated by El Paso Natural Gas and by Devon energy. These wells are located in the Bluebell-Altamont oilfield. New drilling and exploration development wells on lands under registrant’s royalties will add new reserves of gas and oil to Hiko Bell’s inventory in the future.


http://www.epenergy.com/assets/altamont.html


ALTAMONT
Altamont is an asset that offers significant future oil production growth potential with a significant number of future drilling opportunities. Applying lessons learned from our other programs, we reengineered this mature oil asset in the Altamont Field in Utah. Initially developed in the 1970s, we were able to revitalize this tight sand field by applying modern drilling and stimulation technology. We also enhanced the value of this field through infill drilling. We paced our development, allowing the team to optimize growth and technical understanding and made the development of this prolific oil area a milestone accomplishment for EP Energy.