Arcan Resources Ltd ARNBF

RE: RE: RE: RE: RE: RE: RE: $500 million market ca

[tire9]

Really G40  How about 40 years of 150 BBls/day and another 15 years for stripping (if you had asked a reservoir engineer he probably would be a little more accurate. If you know anything about CO2 injection. the oil in place is like 60% total recovery from the estimated 600M BBls in place) Calculate 400M BBls and you finally have your answer.

The BHL vertical wells are about 50 years old and technology will most likely add approx 15%to total recovery with CO2. So don't give me anything about not having a payout.