Another 7 wells have been submitted to WOGCC for permitting...

Another 7 wells have been submitted to WOGCC for permitting which would take the total to around 10-11?? so far... This is starting to give an idea as to how they intend to flood the field. It is looking like they will use previous gas wells high on the structure in a similiar fashion to what the EORI envisaged for a gravity stable flood. It also looks like they intend to incorporate a pattern flood as some of the wells were located within the previous oil production zone. This should result in oil production within 3-6months after initial injection. Within 12 months we will likley be producing??? This confirms ELK will not have any further capital to add to the project.

Also interesting is they have already submitted the first production well application.

It would not surprise me if Denbury take on any available co2 over and above their contracted amount as they will have the potential to use it.

Is their any chance Denbury may start injecting ahead of schedule????
Cheers