OPERATIONS

ELK to meet or beat guidance as Aneth develops

ELK Petroleum is in line to meet or exceed its 2018 financial year guidance, with positive results from its Aneth oil field operations in Utah and elsewhere in the company’s US portfolio.

The Aneth project

The Aneth project

Elk said that Aneth oil field and CO2 enhanced oil recovery project, acquired last year in a ‘transformational' move, are running in-line with March-issued guidance and are under budget.   It said...

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