Weyerhaeuser and Lapis Energy Announce Carbon Sequestration Exploration Agreement

Exclusive two-year agreement covers 187,500 acres across Arkansas, Louisiana and Mississippi SEATTLE, Feb. 27, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) and Lapis Energy LP ("Lapis") announced today the execution of an exclusive exploration agreement for subsurface carbon dioxide sequestration in Arkansas, Louisiana and Mississippi. The agreement covers 187,500 acres of subsurface rights owned by Weyerhaeuser and spans five potential sequestration sites, including two locations that were previous ...