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Elk Petroleum LtdABN 38 112 566 499
Elk Petroleum Ltd ABN 38 112 566 499
26 May 2016
UNLISTED OPTION EXPIRY ON 30 JUNE 2016
Elk Petroleum Limited ( ASX Code: ELK) advises that the following options are due to expire as follows:
Option Type Number of options Exercise Price Expiry Date
Unlisted 100,000 $0.20 30 June 2016
Any participants wishing to exercise their options must forward a completed option exercise form and payment prior to 5.00pm (AEST) on the expiry date.
For further information please contact:
Investor:
Brad Lingo
Managing Director/CEO P: +61 2 9299 9690
E: [email protected]
Media:
Rebecca Lawson
Media and Capital Partners P: +61 433 216 269
E: [email protected]
ABOUT ELK PETROLEUM
Elk Petroleum Limited (ASX: ELK) is an oil and gas company specialising in Enhanced Oil Recovery (EOR), with assets located in one of the richest onshore oil regions of the USA, the Rocky Mountains. Listed on the ASX in 2005, Elk's strategy is focused on applying proven EOR technologies to mature oil fields, which significantly de-risks the Company's strategy of finding and exploiting oil field reserves. Leveraging proven EOR technology and Company expertise and experience, Elk is currently developing the Grieve oil field in Wyoming (Elk - 35% WI) and is planning for a CO2-based EOR project at the Singleton oil field in Nebraska (Elk - 100% WI & operator).