NORTH AMERICA

Elk' s production ramping up means debt can go down

LAST year's broad and picturesque consensus was that Elk Petroleum added another antler with its on its transformational Rocky Mountain Aneth acquisition and RBC Capital Markets sees further potential on a Grieve site visit, suggesting production revenue can now be used to restructure debt and interest.  

 Gieve.

Gieve.

Oil production has begun at one of the production wells and RBC said in a note yesterday that it saw it as an important step in Elk's recent journey from having no production and holding one development...

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