ELK 0.00% 1.4¢ elk petroleum limited

investor presentation, page-5

  1. 111 Posts.
    I Agree Copperpot, this is what Bob and Neale were working on the whole time they were in the US. Trying to emulate the growth of Denbury by acquiring mature fields ripe for CO2 and gaining sources of CO2 to exploit them.

    Given that a small CR will be used for this purpose, so what! The new CEO is thinking beyond Grieve and setting us up for long term prosperity with multiple projects funding new acquisitions and developments.

    There is no point waiting for Grieve to flow oil we need to be acquiring now and have it available to develop when the cash from Grieve starts flowing. The best news lately is the new CO2 contract. These are very hard to come by and congrats to the new CEO for getting it over the line. We are well on our way to a long a prosperous future I feel.
 
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