HNRC ACQUIRES 40% INTEREST IN RHINO ENERGY PTY LTD
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Friday, March 31, 2023
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HOUSTON, March 31, 2023 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("Company") announced today it has acquired a 40% interest in Rhino Energy Pty Ltd.
Key Points:
- HOUSTON, March 31, 2023 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("Company") announced today it has acquired a 40% interest in Rhino Energy Pty Ltd.
Rhino Energy Pty Ltd is an Australian energy company with a focus on oil and gas development in North America. - Mr. Fontaine has been the founder or primary partner in numerous start-ups including Pure Energy Resources, an ASX listed company which sold for over (Australian) $1 billion.
- Rhino Energy's management team is rounded out by Messrs. Mike Mason and Gregor Mahwinney.
- The company also announced that it has extended its letter of intent to acquire the 90.1% interest of Cunningham Energy LLC.