OTCPK:ARNBF - Post by User
Comment by
hardeeharon Jun 17, 2014 7:02pm
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Post# 22668824
RE:The Sale of Deer Mountain Unit #2
RE:The Sale of Deer Mountain Unit #2 I hear ya Mombasa. I recall Arcan drilled a well in DM2 last winter and even though it recorded the lowest IP30 of the 4 wells it still came in a whopping 380 bbls/d! That proves those results were no fluke and demonstrates the future performance characteristics of subsequent wells. It must draw the attention of interested buyers to make offers more to Arcan's liking.
Can't see DM2 being around for much longer. Maybe there will be news in that regard at the AGM.