The use of Enhanced Oil Recovery Systems using CO2 is key for Rancher Energy Corp. (RNCH) in the quest for greater oil recovery, from its mature fields. This is the solid strategy for the newly acquired fields in the Powder River Basin.
The Company has secured a supply of carbon dioxide (CO2) from Anadarko Petroleum Corporation for use on these projects. CO2 injection is among the newest forms of Tertiary Recovery Methods. It is found to be especially useful with certain geologic and geophysical settings.
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