Elk Petroleum Continues to Grow Reserves and Production for Several Turns Below Average Costs
Elk Petroleum announces capital raise to fund low-cost growth Elk Petroleum (ASX: ELK) announced today that the company successfully completed a A$13.5 million (US$10.2 million) private capital raise which will help the company continue to reinvest in its low-cost, low-decline Aneth CO2 EOR assets that were purchased from Resolute Energy (ticker: REN). The company has identified a significant range of