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Posted On: 04/02/2022 9:37:34 AM
Post# of 326
Energy Stocks To Watch: $HNRC
https://topnewsguide.com/2022/03/31/energy-st...gegr-tpii/
Houston Natural Resources Corp (OTCMKTS:HNRC) is another energy company that you could look into at this point in time is Houston Natural Resources Corp. There has been no news about the company this week so far but last week Houston Natural Resources was in considerable focus after it announced that it had inked a letter of intent with regards to the acquisition of Cunningham Energy LLC.
As per the provisions of the letter of intent signed by the two parties, Houston Natural Resources is going to pay up as much as $100 million in cash and securities for completing the acquisition. However, that is not all. PIPE and SPAC funds in the future are also going to add as much as $600 million in the form of development funds. It could be a good time to start tracking the stock.
https://topnewsguide.com/2022/03/31/energy-st...gegr-tpii/
Houston Natural Resources Corp (OTCMKTS:HNRC) is another energy company that you could look into at this point in time is Houston Natural Resources Corp. There has been no news about the company this week so far but last week Houston Natural Resources was in considerable focus after it announced that it had inked a letter of intent with regards to the acquisition of Cunningham Energy LLC.
As per the provisions of the letter of intent signed by the two parties, Houston Natural Resources is going to pay up as much as $100 million in cash and securities for completing the acquisition. However, that is not all. PIPE and SPAC funds in the future are also going to add as much as $600 million in the form of development funds. It could be a good time to start tracking the stock.
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