KLR Press Releases
KLR Group Acts as Exclusive Advisor to Campbell Energy LLC in its $100 Million Senior Secured Credit Facility
News from Oil & Gas Journal
Elk Petroleum Ltd. said enhanced oil recovery flooding has started at Grieve field’s carbon dioxide EOR project near Casper, Wyo. Initially water is being produced, which will be followed by oil production that is anticipated to ramp up to about 2,100 b/d by Dec. 31.
Enhanced oil recovery is the best option for putting carbon dioxide to commercial use, Charles D. McConnell, executive director of Rice University's Energy and Environment Initiative, told the Society of Petroleum Engineers’ Improved Oil Recovery conference in Tulsa on Apr. 16.
Interpose Holdings Ltd. (formerly Sunbird Energy Ltd.), Perth, has agreed to acquire 80% interest and operatorship of the onshore Cabora Bassa basin project in Zimbabwe via the acquisition of 100% of fellow Perth firm Invictus Energy Resources Pty. Ltd.
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