Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

v3.24.3
Subsequent Event
9 Months Ended
Sep. 30, 2024
Subsequent Event [Abstract]  
SUBSEQUENT EVENT
10. SUBSEQUENT EVENT.

 

On November 5, 2024, the Company entered into a CO2 Transportation and Sequestration Agreement (“TSA”) with Vault 44.01 to provide transportation, injection and sequestration into the Mt. Simon sandstone formation in Illinois of CO2 produced at the Company’s Pekin Campus. Under the TSA, Vault 44.01 will also manage the EPA permit approval process from submission to ultimate approval.