Texas Oil Company Plans Montana Production in 2014
Denbury Resources is investing 400 million dollars into an old oil field near the small Montana town of Belle Creek. The company uses a unique process to access the oil, as President and CEO of Denbury Resource, Phil Hykhoek explains.
The C02 gas needed for the process will be piped in from a natural gas plant in Wyoming where it would normally just be released into the atmosphere. The Belle Creek Project is expected to start next year.