The simulation evaluation concluded that gravity stable CO2 flooding can be an effective EOR method for the Grieve Muddy reservoir. Up to 23 MMBO could ultimately be recovered by gravity stable CO2 flooding. The reservoir has potential to sequester more than 145 BSCF of CO2 at the end of CO2 flooding operation. Prior to the simulation of history matching and CO2 flooding, a four-layer Petrel model of Grieve Muddy reservoir was developed based on the identified facies in the Muddy channel sand and the overlain sandstone interval of bay-head delta deposition. Porosity and permeability distributions of layers generated in the Petrel model were exported to the simulation model. An OOIP estimation of 67 MMBO in Grieve Muddy channel sand has resulted from a simulation history matching based on the full-field material balance. History matching also reveals that about one MMSTBO of oil and 8.2 BSCF of gas have moved down from the overlain low-permeability sandstone interval into the Muddy channel sand interval during the reservoir depletion.