Great read AS and interesting points. Many people think just cause oil is selling at high prices that the margins are way up. In fact everything from the cost of labor to even C02 as you pointed out increases along with the price of oil.
Certainly there is still a lot of upside for oil E & P companies but the EOR economics are critical to the success. I think the most likely scenario here is that they will push for the sale, the reserves and NOL option is very attractive for the right company and with Latimer's connections this should not be difficult.
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