ELK
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0.00% 1.4¢ elk petroleum limited

Ann: Commsec Investor Update Presentation, page-21

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  1. striebs
    1,722 Posts.
    lightbulb Created with Sketch. 29
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    19/04/17
    03:09
    Post #: 24128535
    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 .
    ELK Price at posting: 6.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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