DevvStream Provides Update on Carbon Sequestration Facility Development [Yahoo! Finance]
DevvStream Corp. (DEVS)
Company Research
Source: Yahoo! Finance
Company owns a 50% equity stake in the facility Sacramento, California--(Newsfile Corp. - November 19, 2024) - DevvStream Corp. (NASDAQ: DEVS) (" DevvStream " or the " Company "), a leading carbon credit project co-development and generation firm specializing in technology-based solutions, and Monroe Sequestration Partners LLC (" MSP "), a subsidiary of Crestmont Investments LLC, today announced a progress update regarding the development of the previously announced MSP carbon sequestration facility (the " Monroe Project "). Designed to leverage the carbon storage capabilities of a 425-square-mile legacy oil and gas field located in northern Louisiana, the Monroe Project has the potential to become one of the largest carbon sequestration reservoirs in the United States, with an estimated total storage capacity of 260 million metric tons of CO2. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8494/230535_91c8116dd4478a5b_001full.j
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