East Texas Carbon Capture and Sequestration Project

planned

BKV Corporation has executed an agreement with a leading diversified midstream energy company to develop a new carbon capture and sequestration (CCS) project at an existing natural gas processing plant in East Texas. The project aims to capture approximately 70,000 metric tons per year of CO2 waste stream, which will be compressed, transported, and permanently sequestered via BKV's co-located Class II injection well, eliminating the need for a high-pressure pipeline. The project is expected to be operational in early 2027 and will be owned by BKV, with a possibility of transfer to BKV's CCS joint venture with Copenhagen Infrastructure Partners.