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Core Energy, LLC president and founder, Robert G. Mannes this week announced the May 1 closing of a deal in which the company acquired the Michigan assets of Marathon Oil Co., consisting of five producing Collingwood wells in Kalkaska and Crawford counties and a leasehold of approximately 262,000 net acres in... Read More
Read more...The NETL-managed Midwest Regional Carbon Sequestration Partnership (MRCSP) , led by Battelle, has achieved an important milestone by safely and permanently storing one million metric tons of carbon dioxide (CO2) into a series of depleted oil fields in northern Michigan, leading to the production of a significant volume of oil that would have otherwise been left behind.
Read more...In the early 1970s, Michigan's hydrocarbon production advanced thanks to the discovery of the Niagaran Reef trend. A vast amount of oil and gas were trapped in the reefs,which were formed along the edges of a sea that once covered the state of Michigan during the Silurian period.
Read more...WPBN/WGTU — OTSEGO CO.-- Traverse City Oil Company, Core Energy, has begun implementing CO2 Enhanced Oil Recovery in Otsego County.
The technology uses Carbon Dioxide to extract oil from fields that were otherwise depleted. Core Energy's President and CEO Bob Mannes says the process is expected...Read more