OTCQX:GXOCF - Post by User
Post by
ronnie43on Nov 11, 2013 3:34pm
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Post# 21895079
Enhanced Oil Recovery
Enhanced Oil RecoveryIt strikes me that D3's AB Bakken EOR project is an effective waste gas disposal mechanism. The produced gas requires amine treatment and doesn't sell for much.Using it in an EOR program means they don't have to expand the gas handling and transportation infrastucture and it also increases the corporate netbacks. These are valuable outcomes and if it actually increases the recovery factor that is a bonus.