I guess we need to ask ourselves how our EOR partner Denbury Resources got themselves in trouble .
Seems like just about everything hinges on choosing the right oil fields to apply EOR to .
Regarding capital efficiency , there is a lot of upfront CAPEX before any revenue is returned .
I invested in Elk because they stated their intention to take CO2 EOR to suitable fields in Australia / Asia .
Ann: Commsec Investor Update Presentation, page-21
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