- 51 BCF of CO2 injected to date
- Currently injecting 30 mmscf/day additional CO2 + 9 mmscf/day recycled CO2
- Disposing of ~2000 bbls per day of water
At the last AGM presentation Slide 44:
"The CO2 supply arrangements were subsequently recontracted as part of the full restructure of the Grieve JV arrangements concluded as announced in the ASX release of 5 August 2016."
From this announcement:
"Denbury will supply and cover full cost of CO2 to be injected into the Grieve field required to reach first oil production and any additional CO2 up to 82 BCF will be provided on advantageous commercial terms at Denbury’s cost of CO2";
I don't know if any of the above helps,
Regards
SP
ELK Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held