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High Peak Royalties credits drilling at NT gas project for share price rise

High Peak Royalties Ltd - High Peak Royalties credits drilling at NT gas project for share price rise

High Peak Royalties Ltd (ASX:HPR) chairman Andy Carroll updates Proactive Investors on the company’s pleasing share price rise this past week, largely crediting drilling by Santos Ltd at the Dukas Well gas project in the Northern Territory.

The company has reached a new 12-month high of 12 cents and last traded at 11.5 cents.

The chairman says Queensland coal seam gas projects are also helping to boost the company’s investment profile and opportunities.

Quick facts: High Peak Royalties Ltd

Price: 0.066 AUD

ASX:HPR
Market: ASX
Market Cap: $12.47 m
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High Peak Royalties leverages 1% interest in prospective gas and helium...

High Peak Royalties Ltd (ASX:HPR) chairman Andy Carroll updates Proactive Investors about the company's 1% royalty interest in Santos' permits in the Northern Territory's Amadeus basin, where there is potential for a large gas hydrocarbon discovery.   "This is a very large...

on 12/6/19

2 min read