Carbonvert, Castex Joint Venture Executes Operating Agreement for Offshore Carbon Storage Hub in Louisiana

HOUSTON--(BUSINESS WIRE)--Carbonvert Inc. (“Carbonvert”) and Castex Energy, Inc., through its wholly owned subsidiary, Castex Carbon Solutions, LLC (“Castex”, together with Carbonvert, the “JV Partners”) are pleased to publicly announce the execution of an operating agreement with the State of Louisiana to develop a 24,000 acre tract of land situated in State waters, offshore Cameron Parish, to permanently store carbon dioxide (“CO2”). Castex’s decades-long operational, commercial and subsurfac