they said the uni report would be out by the end of the year and that assuming it is positive (which they are)then they will have a company called Nymex(i think)do a field design to work out where the injection wells would be drilled to maximise the flows to the existing wells.they have already worked out which existing wells will be involved in the pilot.The pilot wells once producing would then be 1p with the balance of the field being 2p.Middle of the year to start the pilot program.
ELK Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held
