How long will it take Denbury to bring on the bigger water pumps ?? You would have to think the pumps should be in place within a month, so as to double the water injection rate - OR are Denbury going to drag their heels on that as well. Why have they have been quick to shut down the Co2 injection before the pumps are in place? is it to save Denbury from an expanding ELK debt? - Do Denbury want to push ELK to the wall for another 35% ?
A lot of other questions as well,
Cheers
Obe
ELK Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held