OPERATIONS

Aneth to add 60% to Elk's 1P reserves

Value-adding projects mooted during field purchase closer to realisation

Capital raising to go to Aneth improvements to lift 1C reserves

Capital raising to go to Aneth improvements to lift 1C reserves

The money will go towards projects expected to add US$144 million in value to the Aneth oil field in Utah in the US, and support the Aneth contingent purchase price oil payment. Elk says its placement...

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