didn't they say that produced water at grieve was being injected into another reservoir ?
they also gave no's on co2 gas cycling ......
the picky that I think you put up (link to denbury data) showed producers at "top" of field .......this kind of implies that the co2 has flowed straight to the top of the structure and not "miscibility" and carried the oil .......
methinks this is one reason that a "producer" is essentially on the flank / lower down on the structure ........
also - note that the preso yesterday gave another "hint" that the AB global preff equity has the "right" to switch assets, and the next cost to ELK shareholders is circa 0.6 - 0.7mm bbl.'s of oil out of the grieve field ........
rgds
Value_Hunter
ELK Price at posting:
7.1¢ Sentiment: None Disclosure: Not Held
