Stocks News This week: $HNRC https://thestreetr
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https://thestreetreports.com/stocks-news-this...sirc-nnri/
Houston Natural Resources Corp (OTC:HNRC) – On July 11 Houston Natural Resources Corp was one of the companies to have made a major new announcement when it revealed that it had competed the 100% acquisition of Cunningham Energy LLC.
The transaction also boosted the value of the company’s net asset value to $3.35 a share. Not too long ago, the company announced the acquisition of a 9.9% interest in Cunningham Energy. The acquisition price also involved an escrow for preferred shares related to some of the liabilities of Cunningham.