ELK have just secured a Co2 supply for their Wyoming Grieve filed that holds 20 M barrels of light sweet crude
Max B bought into ELK in sept 2010 and now owns 5%
ELK needs a 3 mile Co2 pipeline built and 60M worth of plant
The enhanced oil recovery market in Wyoming is booming it would seem a natural area of expansion for Matrix to enter the US oil services market
The background is on the ELK thread (its one of those rare occasions you can legitimately cross thread discussions)
thoughts?
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Mkt cap ! $66.02M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 4 | 29619 | 29.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 394421 | 5 |
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