Managing Director's Address to Shareholders
Sydney, Oct 27, 2017 AEST (ABN Newswire) - Elk Petroleum Limited (
ASX:ELK) (EKPTF:OTCMKTS) provides the Company's Managing Director's Address to Shareholders.
Key Takeaways- Investing in Elk
- Only ASX-listed oil company focussed on enhanced oil recovery
- Core projects located in the prolific Rocky Mountain CO2 EOR Fairway
- Company's flagship Grieve CO2 EOR Project is over 90% complete
- Madden/Lost Cabin delivers free cash flow & significant long-life, low risk, high quality reserves & production
- Elk is now a CO2 supplier in its own right from Madden/Lost Cabin ownership interest
- Aneth Oil Field and CO2 EOR Project is highly accretive and delivers significant growth in reserves, production & cash flow
- Aneth acquisition transforms Elk into one of the leading CO2 EOR production operators in the Rockies
To view the full presentation, please visit:
http://abnnewswire.net/lnk/038HWI4E
About Elk Petroleum Limited
Elk Petroleum Limited (ASX:ELK) (OTCMKTS:EKPTF) is an oil and gas company specialising in Enhanced Oil Recovery (EOR), with assets located in one of the richest onshore oil regions of the USA, the Rocky Mountains. Elk's strategy is focused on applying proven EOR technologies to mature oil fields, which significantly de-risks the Company’s strategy of finding and exploiting oil field reserves.
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