Elk Petroleum Limited (ASX:ELK) (OTCMKTS:EKPTF) is an oil and gas company specialising in Enhanced Oil Recovery (EOR), with assets located in one of the richest onshore oil regions of the USA, the Rocky Mountains. Elk's strategy is focused on applying proven EOR technologies to mature oil fields, which significantly de-risks the Company’s strategy of finding and exploiting oil field reserves.
Elk Petroleum Limited
ASX:ELK ISIN:AU000000ELK1
News
Elk Petroleum Ltd (ASX:ELK) (OTCMKTS:EKPTF) advises that further to the annual review process under the Employment contract of Mr Brad Lingo, the Company's Managing Director and Chief Executive officer, the Board has resolved to increase Mr Lingo's Fixed Annual Remuneration.
Elk Petroleum Ltd (ASX:ELK) (OTCMKTS:EKPTF) is pleased to announce that Elk will changed its reporting currency from Australian dollars to US dollars effective from 30 June 2017. The quarterly activities and cash flow reports for the quarter ended 30 June 2017 and the full-year financial report for the year ended 30 June 2017 will be presented in US$, including all comparative information.
Elk Petroleum Ltd (ASX:ELK) (OTCMKTS:EKPTF) is pleased to advise that it has made the final US$5.5m milestone payment of a total acquisition price of US$17.5m to acquire a ~14% working interest in the Madden Gas Field, the Madden Deep Unit Gas Field and the Lost Cabin Gas Plant in Wyoming, USA from subsidiaries of Freeport-McMoRan Inc..
Elk Petroleum Limited (ASX:ELK) (OTCMKTS:EKPTF) provides the opportunity to listen to an audio interview of Brad Lingo, Managing Director and CEO updating shareholders on the progress of the Grieve Project and the Madden Gas and CO2 Field and the Lost Cabin Plant.
Elk Petroleum Limited (ASX:ELK) (OTCMKTS:EKPTF) is pleased to provide the Company's latest EGM Investor Update presentation.
Elk Petroleum Limited (ASX:ELK) (OTCMKTS:EKPTF) is pleased to provide the Company's Quarterly Activities and Cashflow Report.
Elk Petroleum Limited (ASX:ELK) (OTCMKTS:EKPTF) is pleased to provide the Company's latest presentation for Corporate Update.
Elk Petroleum Limited (ASX:ELK) (OTCMKTS:EKPTF) is pleased to advise that following an independent review by Netherland Sewell & Associates, Inc. the Reserves for the Madden Gas Field have materially increased and that gas production from the Madden Gas Field for the first quarter of 2017 is running well ahead of previous forecasts.
Elk Petroleum Ltd (ASX:ELK) (OTCMKTS:EKPTF) is pleased to advise that its acquisition of a ~14% working interest in the Madden Gas Field, the Madden Deep Unit Gas Field and the Lost Cabin Gas Plant in Wyoming, USA from subsidiaries of Freeport-McMoRan Inc. (NYSE:FCX) has closed.
The directors present their report, together with the financial statements, on the consolidated entity consisting of Elk Petroleum Ltd (ASX:ELK) (OTCMKTS:EKPTF) and the entities it controlled at the end of, or during, the half-year ended 31 December 2016.
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