Australia’s Elk Petroleum Limited (ticker: ELK) recently released its half-year results and guidance update. The company reported a 44% increase in share price to A$0.095 (March 2018) – this is up from A$0.066 (June 2017). The company reported production of 972,498 BOE, with 1P reserves of 47.5 MMBOE and 2P reserves of 84.2 MMBOE.

Elk’s operations are all in the United States and the company now is an operator in Utah’s Aneth Field.

Elk Production, Mar. 2018

So far, H1 FY2018 has been driven by the Grieve Project and the Aneth Field ac...

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