ELK elk petroleum limited

A major challenge for Grieve economics are Denbury's massive...

  1. 1 Posts.
    A major challenge for Grieve economics are Denbury's massive Capex investments made very early in the project, and continuing at a lower level to present. These were made with the expectation of several MBOPD starting two or so years ago. Considering the time-value of money, the project will have a difficult time paying out.
 
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