Spiritus Signs First Three Letters of Intent With U.S. Oil Producers for On-Site CO₂, Representing More Than 3 Million Tonnes of Annual Demand

LOS ALAMOS, N.M.–(BUSINESS WIRE)–Today, Spiritus, an energy technology company developing a new source of CO₂ to increase production from existing U.S. oil fields, announced three signed letters of intent with oil and gas operators across the Rockies, Midwest, and U.S. Gulf Coast. Together, the agreements represent more than 3 million tonnes of annual CO₂ demand for enhanced oil recovery.The letters of intent are with a mix of public and private U.S. oil and gas operators, spanning fields that