ELK 0.00% 1.4¢ elk petroleum limited

OZALIENexcellent research finding the Rancher presentation. it...

  1. 1,480 Posts.
    OZALIEN
    excellent research finding the Rancher presentation.

    it reinforces allot of what we have been led to believed CO2 is nearby, cheap and easily obtainable.
    the current research by the University shows that ELK is a prime candidate for the CO2 flooding,the time frame is not that long to implement and cost is reduced with the carbon credits.
    with CO2 flooding will give the field a life extension of over 20 years with very good production rates makes ELK very attractive.

    The current SP does put us in a position as take over target even though the majority of shares are held by a few,
    but it will cost them big time if they want in.$ $
 
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