NORTH AMERICA

Freeport sells gas giant to Elk

ELK Petroleum’s Brad Lingo has pulled off a coup, securing a major gas production asset to complement its holdings in Wyoming, boosting 1P reserves by over 200% and delivering daily production of 3400 barrels of oil equivalent per day.

Freeport sells gas giant to Elk

If completed, it will be Lingo's biggest single asset deal since he arrived at Elk from Drillsearch Energy last year, and gives the junior a stake in a gas plant, C02 production that is vital to Elk's...

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