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Enhanced Oil Resources announces 40% increase in proved developed reserves


Published May 13, 2013
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Enhanced Oil Resources Inc. provide the following update regarding the Company's year-end 2012 oil and gas reserves and operations results for the first quarter of 2013.

The Company's key business objectives for 2013 are to continue our focus towards increasing oil production and oil reserves at the Crossroads and Milnesand oil fields, to further evaluate the infill potential at the Chaveroo oil field, to further the permitting and potential construction of our Cortez to Milnesand pipeline connecting Kinder Morgan's Cortez CO2 pipeline to our Milnesand and Chaveroo oil fields by September 2015 and to continue our successful compliance activity across our oil fields.

Tags: Enhanced Oil Resources



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