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March 2011

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March 29, 2011 – Comments (0)

Chaparral Energy Agrees to a CO2 Purchase and Sale Agreement With CVR Energy for Capture of CO2 for Enhanced Oil Recovery

Mar 29, 2011 07:00:04 (ET)

OKLAHOMA CITY, Mar 29, 2011 (GlobeNewswire via COMTEX) -- Chaparral Energy's CO2 subsidiary (Chaparral) announced today the execution of a long-term carbon dioxide (CO2) purchase and sale agreement with a subsidiary of CVR Energy (CVI, Trade ) for capture of CO2 from CVR's Coffeyville, KS nitrogen fertilizer plant. The agreement provides for the purchase of CO2 for Chaparral's initiation of enhanced oil recovery operations in its North Burbank Unit in northeastern Oklahoma.   [more]

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