HNRC
90
DAY PLAN
FOR
RAPID
GROWTH,
EXPANSION AND
ACQUISITIONS
HOUSTON,
TX -- August 19, 2021 -- InvestorsHub NewsWire
-- Houston Natural
Resources Corp. (OTC:
HNRC) ("HNR or the Company") outlined today its
plans over the next ninety days for its subsidiary Houston Natural
Resources, Inc.
-
Announce
a target acquisition to increase revenue and assets.
-
Increase
the volume at its water treatment facility, operated by its
subsidiary HNR Oil Services LLC, from the more than
1,000 truckloads per month currently being processed.
-
Complete
the installation of the recently purchased equipment
for a
second facility to increase capacity
and begin processing additional wastewater.
-
Engage a
working partner to re-work the company's 83 wells to start
generating additional revenue from producing wells.
-
Initiate
listing onto a major exchange
The company
recently
reported net earnings have
increased 186% to $4,105,594 on revenues of $7,614,534 for the
six-month period ending June 30, 2021 from $1,496,869 net profits
on revenues of $4,534,495 revenues for the same period ending June
30, 2020. The company reported $0.26c per share in earnings for the
first six months of 2021.
The company's net
assets have increased to $73,466,688 for the period ending June 30,
2021 as compared to $72,315,383 for the same period ending June 30,
2020.
The company's net
asset value is $4.76 per share for the period ending June 30,
2021.
HNRC
is a
diversified holding company that
has two
subsidiaries,
Houston Natural Resources, Inc ("HNRI")
and
Worldwide
Diversified Holdings, Inc ("WDHI").
HNRI
owns
oil and
gas properties and a
waste-water
treatment plant.
WDHI has business operations
that provide products & services in the Information Technology
& Healthcare markets. HNRC
anticipates up
listing
onto OTCQX
or
major exchange. The company is preparing an SEC filing to become an
SEC reporting
company.
HNRI has acquired
approximately 2,800 acres of oil and gas leases located in
the Halff
Oil Field
in Crockett County, Texas with proven and appraised reserves of $69
million and 83 oil wells to be reworked. HNRI
has
completed
two years
of its audited
statements and detailed independent appraisals of the
assets. HNRI is evaluating
raising capital through a Regulation A filing or S-1 Registration
that will provide for a separate listing on a major exchange. HNRI
is currently reviewing possible acquisitions of producing oil and
gas properties in addition to developing its water treatment
facilities that are operated by its subsidiary HNR Oil Services,
LLC.
The
facility is currently permitted for disposal of twenty-five
thousand barrels
per day of oil field toxic waste fluids and is permitted and will
soon expand to sterilizing oil
field toxic solids waste. These unique permits have allowed HNR Oil
Services to issue its customers
a Texas State Certificate of Destruction of such toxic waste. This
is an especially important
step
in
environmental
protection by keeping toxic materials
out of
land fields.
HNR
Oil
Services
anticipates
a
rapid
expansion
with
four
additional processing
facilities
across
all
suitable
oil
and gas
producing regions, increasing
to
seven
facilities
in
the
next
five
years.
About
Houston Natural Resources Corp
Houston
Natural Resources Corp (https://houstonnaturalresources.com)
(OTC:HNRC).
The Company is dedicated to increasing shareholder value through
developing natural resources with state-of-the-art innovative
technologies in tandem with sustainable environmental services of
toxic oil field waste disposal and recycling that are
environmentally safe and socially
responsible.
About
Worldwide
Diversified
Holdings,
Inc.
Worldwide
Diversified Holdings, Inc.(www.wdhinc.net).
The company is a diversified holding company
with business operations and investments. The portfolio companies
include investments in
information technology and healthcare.
FORWARD-LOOKING
STATEMENTS:
This
press release may contain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Statements other than statements of historical facts included in
this press release may constitute forward-looking statements and
are not guarantees of future performance or results and involve a
number of risks and uncertainties.
Contact:
Houston
Natural Resources Corp.
E-mail:
frank@HoustonNaturalResources.com
Houston
Texas USA.