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

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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