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Enhanced Oil Resources Inc. increasingly injects CO2 at Milnesand

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Enhanced Oil Resources, Inc. (EOR) continues to plough CO2 into its Milnesand oil recovery field, with the pilot project demonstrating ever-improving oil production levels as a result.

Since 1st September 2008, approximately 80 million cubic feet (MMCF) of CO2 has been injected into the company’s 40 acre, five spot test pattern – with current oil production attributed to CO2 injection at around 3338 BOPD, a trend which continues to improve.

Through injection optimisation, EOR continues to find the current oil response encouraging and ahead of initial predictions. Based on this response, the company’s technical team estimates that the CO2 pilot is close to reaching its intended objective of proving the applicability of tertiary oil recovery, at its wholly owned 6,800 acre Milnesand San Andres Field.

The initial CO2 slug injection phase is expected to reach completion by the beginning of Q3 2009, where it will then switch to the water alternating gas (WAG) phase evaluation stage.

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