ELK elk petroleum limited

news quarterly released, page-6

  1. 4,837 Posts.
    Good to see cash has increased.......sounds like they are going to get the ball rolling on chemical flooding.....it mentions potential for 15mil barrels recoverable from Grieve...Nice!!!....I read elsewhere that Alkaline surfactant polymer flooding is commercial with oil prices as low as $18-$20.....

    Hopefully the upper sands at Ash creek will prove successful.....

    we may start to see some momentum over the next 6 months...

    Overall a good report......

    Cheers
 
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