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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > RESERVES REPORT
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Post by iaminvestor on Feb 08, 2013 5:11am

RESERVES REPORT

The  new  report  mus t be  out  by  the  end  fo  Feb  2013....any  insight ?
Comment by hardeehar on Feb 11, 2013 12:05pm
    I hope it isn't a reserves downgrade but something is sure dragging Arcan's share price down. Pinecrest Energy has been taking it on the chin lately (t.pry).  Could it be that Arcan is being dragged down with it as they are similar type plays? There is still alot of uncertainty over just how economic these expensive HZ-MSF wells are in the BHL based on production ...more  
Comment by iaminvestor on Feb 21, 2013 2:17am
hardeehar, thanks.agree. What is your opinion  about  MTRX  and  ROYL ? MTRX  has  good  momentum  and  ROYL  has  some  very  good  results  from  its   Alaskan  properties.   MTRX= Matrix ROYL =  Royale  Energy
Comment by hardeehar on Feb 22, 2013 12:34pm
I don't follow either MTRX or ROYL, so I can't comment on them. I hope that we will see an 2012 EOY reserves report from Arcan by the end of the month.
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