Friday, November 22, 2024

Elk Petroleum Updates Aneth Field, Grieve Project

Australia’s Elk Petroleum Limited (ticker: ELK) recently released its half-year results and guidance update. The company reported a 44% increase in share price to A$0.095 (March 2018) – this is up from A$0.066 (June 2017). The company reported production of 972,498 BOE, with 1P reserves of 47.5 MMBOE and 2P reserves of 84.2 MMBOE. Elk’s operations are all in the