The goal of this project was to assess the economic feasibility of CO{sub 2} flooding the naturally fractured Spraberry Trend Area in west Texas. This objective was accomplished through research in four areas: (1) extensive characterization of the reservoirs, (2) experimental studies of crude oil/brine/rock (COBR) interactions in the reservoirs, (3) reservoir performance analysis, and (4) experimental investigations on CO{sub 2} gravity drainage in Spraberry whole cores. The four areas have been completed and reported in the previous annual reports. This report provides the results of the final year of the project including two SPE papers (SPE 71605 and SPE 71635) presented in the 2001 SPE Annual Meeting in New Orleans, two simulation works, analysis of logging observation wells (LOW) and progress of CO{sub 2} injection.