RE:ArPetrol Ltd. Announces Fourth-Quarter And Year-End 2013 FinExcelent progress in 2013 with the balance sheet nearly fully restored and with funds available to complete well workovers that will see 2014 production increase to the 200 to 240 bboe/day level.
Strong gas processing revenues which will continue in 2014.
2P reserves remain very strong at nearly 7 mmboe valued at $77 million 10 % doscounted and after tax.
A very undervalued p-lay which should see some major developments in 2014/
Load up at these cheap prices.