ELK 0.00% 1.4¢ elk petroleum limited

Bello,My interpretation of this exert is that Connoco Phillips...

  1. 453 Posts.
    Bello,

    My interpretation of this exert is that Connoco Phillips have been given six months to get a contract in place and start supplying the c02(or else)....who would be ready to take co2 within six months?That's right...ELK

    ConocoPhillips received an abbreviated six-month approval to continue venting CO2 at its Lost Cabin natural gas processing facility -- half the customary annual review period. ConocoPhillips indicated that it had received interest from several oil producers about whether to buy CO2 from Lost Cabin, so the commission wanted to review the matter in six months.

    Much of ConocoPhillips' testimony was in closed session of the commission. The company's Lost Cabin natural gas processing plant produced 53 million cubic feet of CO2 per day in 2007, on average. It vented an average 44 million cubic feet per day.
 
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