Company Elk Petroleum Limited

Elk Petroleum Limited is an oil and gas producer and developer. The principal activities of the Company include development of a carbon dioxide (CO2) enhanced oil recovery (EOR) project (Grieve Project) at the Grieve oil field in Wyoming, the United States; continuation of operations at the Singleton Unit in Nebraska in anticipation of future implementation of an EOR project in the Singleton Unit, and acquisition of the Singleton South oil field in Nebraska focusing on development of potential by-passed oil pool on the southern flank of the Singleton Unit. The Company's geographical segments include Australia and United States. The subsidiaries of the Company are based in Casper, Wyoming, and their activities comprise administration, production, exploration, evaluation and development of oil and gas fields and ownership of pipelines.