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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P

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Post by letralineon Jan 30, 2013 11:43am

Management

Rather than spending your time insulting each other you should both do some research. Read the Aug 21 announcement regarding the change of the CEO.

213

Comment by bakken13on Jan 28, 2013 1:36pm

RE: RE: RE: RE: Relax!

That was a well-advertised exit, and only an idiot wouldn't know about it. i guess that says a lot about the poster who shared his genius that there were no changes.

214

Discussion

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Comment by wordlesson Jan 28, 2013 1:34pm

RE: RE: RE: Relax!

"I checked. There has been no change in management of the company for the past several years." Check harder. Arcan Resources Ltd Announces Senior Management ...more

220

Discussion

Comment by bakken13on Jan 27, 2013 11:21pm

RE: Bakken

What can I say to someone who is too stupid to catch on? And why are you following me around stockhouse only to post more ignorance. Do you realise how pathetic that is?

183

Discussion

Comment by specboy2011on Jan 27, 2013 10:14pm

RE: Bakken

Guy is on every board claiming to be a expert...Not sure how sh puts up with this guy.Completely one big FRAUD..hear him on the WND board...

189

Discussion

Post by bakken13on Jan 26, 2013 10:22pm

notwrong

You had better change your alias, because you are always wrong. And a complete moron.

216

Comment by wordlesson Jan 25, 2013 6:30pm

RE: Relax!

"Hope management has learned a good lesson that not putting the company in a financial crunch is first and foremost" I think the BOD has learned and that's why the guy who was ...more

224

Discussion

Post by letralineon Jan 23, 2013 5:10pm

Your assumption is not correct. ARN is operating the program and therefore should have some revenue as a working interest partner plus an GORR on the remainder of the interst. Sounds like a good deal ...more

264

Post by letralineon Jan 23, 2013 5:10pm

Farmout

250

Comment by poiseon Jan 22, 2013 11:57pm

RE: RE: drillbit news to come

5 to 15% sliding scale based on production GORR (gross overiding royalty rate)before payout. Typically farmin is usually 100 to earn 60%. 48% WI after payout is quite high. Another ...more

231

Discussion

Comment by hardeeharon Jan 22, 2013 11:46pm

RE: drillbit news to come

The issue with farm-ins is all prod rev goes to PBN until the well is payed out or even longer according to the terms of the farm out agreement. I suspect that it will take a few months at least ...more

248

Discussion

Post by bakken13on Jan 22, 2013 3:37pm

Good news

Nebraska Governor Dave Heineman approved a new route for the Keystone XL oil pipeline on Tuesday that avoids the state’s environmentally sensitive Sandhills region.The Republican Governor sent a ...more

203

Post by carlos6on Jan 22, 2013 9:17am

drillbit news part 2

I forgot to add that if the price of oil drifts lower as some are suggesting & then stays in a lower narrow band then the improvement in ARN's debt ratio will be muted. Just another hurdle to ...more

280

Post by carlos6on Jan 22, 2013 9:10am

drillbit news to come

Contained in ARN's latest operational update is a continuous string of NRs coming that will keep continued upward pressure on the SP as you can see by the recent chart action. Excerpt from the ...more

325

Comment by hardeeharon Jan 18, 2013 6:17pm

RE: nice close

Yes - Looking good! Everything is pointing to a higher SP, despite the sour opinions of some.

277

Discussion

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