OTCPK:ARNBF - Post by User
Post by
tire9on Nov 16, 2011 12:20pm
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Post# 19241892
Reserves and Resources
Reserves and ResourcesResources are not proven but still their. 100% drilling success expected for the next 200 Arcan wells drilled at the B.R.L. formation. Payback on each well in 6 or 8 months, with 20 years production. A lot cheaper to bring the crude oil on line than tar sands or ocean wells.
Ethel pool= 4 wells/section plus 36 sections.
Average 100/bls day per well
Big money --- you figger it out.