Co2 Solutions Inc COSLF

ACTL pipe line to be built

[Bullmonster]

https://www.news1130.com/2018/08/03/enhance-energy-adds-pipeline-partner-to-build-alberta-carbon-capture-project/

[Bobby24]

Imagine what such a project would do to the share price of CO2 Solutions. 

[Bullmonster]

Well they say that Wolf Energy is going to operate and own most of the infrastructure and they are going to build it so lets hope CO2 Solutions is still in there at the Redwater oil sands / Fertilizer plant and lets see this sleeping SP go up. to $2.00

[Bullmonster]

Sorry Wolf Midstream not Wolf Energy.

[HyperCube]

I can smell it. They are still very far away but I can smell the beautiful aroma of dividends.

[Co2Harvest]

Yes, it's nice to see progress on the "carbon infrastructure" side of things. It is such a key part of the equation for CCS's future and will help differentiate the industry by reducing the need for more expensive cannisters/tanks.That and jobs - $$ infrastructure $$ :)!

[HyperCube]

In that article they say: "CO2 flow rates are expected to start at 800 tonnes per day in the fourth quarter of 2019 and increase to 4,400 tonnes per day by the end of 2019". The fourth quarter of 2019 and the end of 2019 seem to be the same time to me. I've looked around a little but most news sources seem to have copied and pasted that sentence (the whole article in fact, probably

[Bullmonster]

800 tons per day at the end of 2018 is what I think they mean. Good point there is just a typo there I think. Can't find any other source for this one.

[HyperCube]

I would be surprised if they could have 800 tons per day this year. I think it's 800 tons per day at the end of 2019. They have a 240 km pipeline to build and CO2 capture equipment. I don't think either the pipeline nor the CO2 capture equipment can be done in less than 5 months.

[HyperCube]

Maybe they only wrote a poorly formulated sentence. Once the pipeline and the CO2 capture equipment is in place they might be able to ramp up quite fast. So if they start at 800 tonnes per day in October 2019 and increase to 4400 tonnes per day by December, I guess that means "start at 800 tonnes per day in the fourth quarter 2009 and increase to 4400 tonnes per day by the end of 2019".

[Bullmonster]

Shell is producing 2700 ton per day and are using it some where?? but they will be a contributor to the ACTL as I read other news documents on the Enhanced Energy web site. They are part of it.