ELK elk petroleum limited

We must be due for an update from Denbury soon, mid june was the...

  1. 4,837 Posts.
    We must be due for an update from Denbury soon, mid june was the estimate and should result in renewed interest in ELK which is currently off everybodys radara and trading at a fraction of its value ....I expect to see around 40c when the drilling of the Niobrara commences, last time it hit 46c. Hopefully they can secure a JV partner in the short term.....I have mentioned the possibility of deepening an injection well to test the cloverly and Tensleep...The cloverly would be a no brainer to test seeing it only lies about 100ft (or less) below the Muddy formation. Good for a potential kick that is not even considered by investors let alone reflected in the shareprice..
    Cheers
 
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