July 16 (Reuters) - Elk Petroleum Ltd ELK.AX :
* Elk to dismiss the civil lawsuit against Denbury
* Agreed to dismiss civil lawsuit asserting breaches of agreements between Elk Petroleum and Denbury Onshore, Llc
* Says breaches of agreements between Elk Petroleum and Denbury Onshore pertaining to the Grieve Co2-Eor project in Natrona County, Wyoming
* Parties will attempt good faith negotiations for sale of all of Denbury's interest in the Grieve project on terms agreeable to Denbury
* Negotiation period shall extend from date of agreement until 1 November 2015, or until viable and productive negotiations cease
* Source text for Eikon ID:nASX2Zh13X