The more you read about co2 injection & the success
you know what a safe bet Elk is.
A similiar project of co2 flooding was done at
Cogdell Canyon oil field in Texas by Occidental
petroleum. Where after 50 years of primary & secondary
production was near its end.Co2 increased the recovery
by more than 20 million barrels.
Interesting Steve Melzer who helped do Elks University
study was heavily involved in the Cogdell Canyon field,
which was a huge success.
Steve melzer does lectures every year on co2,his input
& the experience of the uni is a guarantee this is a sure
thing.
Theres no doubt with Ryder & the Position where Elks sits
with the pipeline for C02/jv.Thats without other developments.
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