ELK Petroleum

Elk Petroleum Limited listed on the ASX on 15th June 2005

Elk initially acquired substantial working interests in mature oil fields in Wyoming, increased oil production via workovers and re-completions, and acquired offsetting high potential exploration and appraisal acreage in both Wyoming and Montana.

As at March 2010, Elk has 100% working interest in 3 fields and substantial working interests in 3 exploration/appraisal areas, oil production of around 150 barrels per day (BOPD), a major chemical flood EOR re-development plan in place for the Grieve Field, as well as other re-development and development opportunities at the Ash Creek oil field and the Hereford gas discovery respectively.

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Latest Media Releases

Elk Petroleum Ltd (ASX: ELK) Elk and Denbury agree to jointly develop the Grieve Field

Grieve Enhanced Oil Recovery (EOR) Project Elk and Denbury Agree to Jointly Develop Grieve Field Highlights - Elk and Denbury have entered into an agreement to develop the Grieve EOR Project…

Elk Petroleum Ltd (ASX:ELK) Grieve EOR Project Update

Grieve EOR Project Update Agreement to Acquire Crude Export Pipeline HIGHLIGHTS - Agreement signed for acquisition of the West Casper Pipeline - Means of exporting crude oil from Grieve Pro…

Elk Petroleum Ltd (ASX:ELK) Update on Grieve Muddy CO2 Flood Project and Ash Creek

Update on Grieve Muddy CO2 Flood Project and Ash Creek - Transportation agreement for CO2 implemented - Acquisition of right of way for CO2 pipeline installation - Ash Creek status …

Latest News

Dow down 666 points: Aus shares to open lower

05 Jan 2018 - Market Outlook: Dow saw the worst day of trade since June 2016, plummeting 666 points at the close of Friday’s session, capping off the worst week for Wall Street in …

RBA rates unchanged as ASX surges above 6000: Aus shares close 1.02% higher

07 Nov 2017 - ASX breaks 6000, Energy and Materials surge ahead. Macquarie Group falls nearly 1.3%. The Reserve Bank announced interest rates remain unchanged at 1.5% as expected. …

Elk Petroleum claims majority of top oil field in US

07 Nov 2017 - Elk Petroleum (ASX:ELK) has completed the purchase of Nasdaq listed, Resolute Energy Corporation, which holds the majority of ownership at the Aneth Oil Field in Nort…

Elk Petroleum reports US$4.6M in revenue in Q1

31 Oct 2017 - Elk Petroleum (ASX:ELK) reports in its Q1 FY2018 report increased revenue to US$4.6 million from the previous quarter.

Elk Petroleum becomes a producer after US$10M payment

22 Mar 2017 - Elk Petroleum’s (ASX:ELK) acquisition of a 14% working interest in the Madden Gas Field has closed after it made a US$10 million closing payment.

ELK Petroleum: Final price US asset purchase

10 Mar 2017 - ELK Petroleum Limited (ASX:ELK) announced a final acquisition price for the purchase of some of Freeport-McMoRan Inc’s assets.

Flat finish: Aus shares finish 0.06% higher

04 Jan 2017 - Flat finish: Aus shares finish 0.06% higher. BC Iron Ltd (ASX:BCI) secures all approvals for below water table mining at the Iron Valley Mine in Western Australia.

Elk Petroleum buys Wyoming gas assets for US$20M

04 Jan 2017 - Elk Petroleum Ltd (ASX:ELK) enters deal to acquire Freeport-McMoRan’s stake in the Madden Gas Field and Lost Cabin Gas Plant.

Elk Petroleum completes Grieve Project JV restructure

05 Aug 2016 - Elk Petroleum Limited (ASX:ELK) announces it has completed the restructure of its joint venture with Denbury Onshore for the Grieve CO2 Enhanced Oil Recovery Project.

Elk Petroleum launches entitlement offer

03 Jun 2016 - Elk Petroleum Limited (ASX:ELK) announces AU$30.76 million entitlement offer.