Projects

CO2M Pipeline Project

In 2010, Enhanced Oil Resources Inc. (“EOR”) entered into a contract for the purchase and delivery of CO2 from Kinder Morgan CO2 Company L.P.’s Cortez Pipeline. The purchase and delivery of CO2 is a key step to initiating a full field CO2 flood within the Milnesand Field and a potential CO2 pilot flood within the Chavaroo Field.

The Company is in the planning phase of constructing a 41 mile pipeline to connect the Milnesand and Chavaroo Fields to the Cortez CO2 Pipeline in order to take delivery of the CO2. Efforts are currently underway to finalize the pipeline alignment, secure the necessary rights of way and procure the materials needed to construct the pipeline.

Delivery of CO2 from the Cortez Pipeline is anticipated to begin no later than September 2015 and continue for no less than five years.