Current Report Filing (8-k)
24 7월 2014 - 2:07AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: July 23, 2014
HINTO ENERGY, INC.
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(Exact name of registrant as specified in its charter)
Wyoming 000-26317 84-1384961
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(State or other jurisdiction of (Commission File (IRS Employer Identification
incorporation) Number) Number)
5350 South Roslyn Street, Suite 400, CO 80111
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(Address of Principal Executive Offices) (Zip Code)
(303)-647-4850
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Registrant's telephone number, including area code
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
SECTION 7 - REGULATION FD
Item 7.01 Regulation FD Disclosure.
Press Release
The information in this Item 7.01 of this Current Report is furnished pursuant
to Item 7.01 and shall not be deemed "filed" for any purpose, including for the
purposes of Section 18 of the Exchange Act, or otherwise subject to the
liabilities of that Section. The information in this Current Report on Form 8-K
shall not be deemed incorporated by reference into any filing under the
Securities Act or the Exchange Act regardless of any general incorporation
language in such filing.
On July 23, 2014, Hinto Energy, Inc.'s ("The Company") made a press release
announcing reserve estimates at its Mason Lakes Field in Montana. The text of
the press release is attached hereto as Exhibit 99.1.
SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following is a complete list of exhibits filed as
part of this Report. Exhibit numbers correspond to the numbers in the exhibit
table of Item 601 of Regulation S-K.
Exhibit No. Description
99.1 Press Release, dated July 23, 2014
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned, hereunto duly authorized.
HINTO ENERGY, INC.
By: /s/ George Harris
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George Harris, Chief Executive Officer
Date: July 23, 2014
HINTO ENERGY, INC.
5350 S. Roslyn Street, Suite 400, Greenwood Village, Colorado 80111
Tel: (303) 647-4842 Fax: (303) 848-8353
www.hintoenergy.com
HINTO ENERGY, INC. ANNOUNCES RESERVE ESTIMATES FOR MASON LAKES FIELD
DENVER, CO, July 23, 2014, HINTO ENERGY, INC. (OTCQB: HENI) announces reserve
estimates for its Mason Lakes oil field, located in Musselshell County, Montana.
The reserve study, which was conducted by SanTech Upstream, LLC, an independent,
third party company, based in Farmington, New Mexico, indicated that the Mason
Lake field could have a remaining production life of about 14.8 years with a 13%
decline rate. The PV-10 value is estimated to be about $3,279,842. As primary
recovery appears to not been completed, the field has an estimated remaining
primary recovery of 2.48 MBO and a secondary recovery of 1,189.5 MBO. Hinto
Energy owns a 95% working interest in the Mason Lake Field.
George Harris, the Company's Chief Executive Officer, remarked, "Our re-work
efforts at the Mason Lakes Field, during the past few months and last summer,
has resulted in a substantial increase in production, as we've recently
announced. The results of the reserves study clearly supports our current rework
efforts on the remaining producing wells in the field, and also indicate the
potential for the drilling additional injection and production wells which will
be part of the Phase Two development of the field. Harris continued, "With an
estimated PV-10 Value of $3,279,842, we feel that the Mason Lakes Field provides
a solid foundation for the Company to build out our daily oil production."
The Company intends to evaluate other production opportunities in close
proximity to the Mason Lakes Field in Musselshell County, Montana and these
acquisition opportunities may include existing production, potential upside from
production enhancements and adequate spacing options for additional wells.
Hinto Energy, Inc. engages in the exploration, acquisition, and development of
oil and gas properties, with current properties in Utah and Montana encompassing
approximately 15,000 acres and 40 wells. The Company is based in Greenwood
Village, Colorado.
Notice Regarding Forward-Looking Statements
This press release may contain certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned
that such forward-looking statements involve risks and uncertainties, which
include among others, the inherent uncertainties associated with petroleum
exploration and development stage exploration companies including without
limitation, other risks detailed from time to time in the Company's periodic
reports filed with the Securities and Exchange Commission.
Contact Information:
Hinto Energy, Inc. Hanover Financial Services
Gary Herick, Vice President - Finance Ronald J. Blekicki - President/CEO
5350 S. Roslyn Road 6388 Clearview Road, Suite 100
Greenwood Village, CO 80111 Boulder, CO 80303
(303) 647-4850 (303) 494-3617
www.hintoenergy.com http://www.hanoverfinancialservices.com
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