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News: ELK ELK Petroleum Ltd to acquire Freeport-Mcmoran's Interest In Madden Gas Field And Lost...

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    04/01/17
    11:20
    Post #: 21669812

    Jan 4 (Reuters) - Elk Petroleum Ltd (ELK)

    • Asx alert-elk to acquire freeport-mcmoran's wyoming gas, co2 assets-elk.ax
    • ELK to acquire Freeport-Mcmoran's Interest In Madden Gas Field And Lost Cabin gas plant
    • 2017 estimated positive free cash flow of over us$7 million
    • price us$20 million dollars to be funded principally through debt financing
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