Feb 23 (Reuters) - Elk Petroleum Ltd (ELK) :
- This matter and Elk's rejection of this claim has been noted in Elk's accounts over a number of years"
- Now been advised that the US district court in Montana has denied Elk's motions
- The crow tribe filed answer and counterclaim to Elk's complaint for declaratory relief in February 2015 and Elk's attorney responded to counterclaim
- US district court in Montana issued a decision in favor of the BIA, including that Elk is liable for payments under the imdaa and owes bia US$869,177
- Elk is seeking further legal advice and will be evaluating its options in this matter including an appeal to the court's decision
