Grieve does not normally get much of an airing in Denbury releases so the following is quite encouraging coming from their President and CEO on their Monday.
“We are excited to have our two newest CO2 floods starting up at West Yellow Creek and Grieve, and are highly focused on bringing initial EOR development at Cedar Creek Anticline to an investment decision in the first half of the year. I believe 2018 will be a transformative year for Denbury.”
So it looks like it is imminent and hopefully, 2018 will also be a transformative year for Elk.
ELK Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
