ELK 0.00% 1.4¢ elk petroleum limited

I also liked this statement copperpotThese value accretive...

  1. 75 Posts.
    I also liked this statement copperpot

    These value accretive opportunities exist now
    and management wish to be in a position to conclude negotiations which are unlikely to wait for cashflow from either the Grieve or Ash Creek EOR project’s production.

    Sounds like they have something interesting brewing.
    That was one of the reasons Bob moved out there.
    With the production ramping up next year it looks like they are looking to grow this company and make up for lost time.
    It will be very interesting to see what they are sniffing out and if it ties in with the EORGAS venture they have.

    The way i see it is If that plays out as planned it could open up a lot of fields that the likes of Denbury overlook due to lack of C02 infrastructure.

    Lets hope they are on their way now and quickly make up some ground on their plan which it states in the investor presentation as "Vision is to emulate successful growth strategy of US$7 billion Denbury Resources"

    Now that would be nice :).
 
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