Patersons did not make an assessment of the following reference from Elk's October release:
Injection of over 35MMSCFD and clear signs of CO2 migration into residual oil zone (ROZ)
What are the clear signs and how big is Grieve's ROZ? What recovery is expected from the ROZ? How many new wells will be required? What are the economics associated with production from Grieve's ROZ? Is it all contained within the leased acreage? Does Denbury have the same JV interest in the ROZ acreage?
More questions for the AGM