Co2 injection @35 is in the low range (slower oil) , add some water injection then oil is due early 2015. If they manage to increase power supply and they raise the co 2 injection rate then they can shrink the recovery period and improve economics and cash flow etc . The enviro study nominated a number of power options http://www.blm.gov/pgdata/etc/medialib/blm/wy/information/NEPA/lfodocs/grieveunit.Par.51189.File.dat/EA.pdf the latest update says that they are examining how to increase power , so I imagine that the hold up
ELK Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
