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Aeris Environmental Ltd T.AEI


Primary Symbol: AETLF

Aeris Environmental Ltd is an Australia-based company, which offers environmental cleaning products and services. The principal activities of the Company consist of research, development, commercialization of technologies and global distribution of HVAC/R Hygiene, anti-corrosion and disinfectant products. It also provides HVAC/R Hygiene and Remediation Technology, Indoor Air Quality and Corrosion Protection services. The Company's segments include Australian Operations and International Operations. Its product categories include HVAC & R, Cleaning and Disinfecting, Surface Cleaning, mold and Odour Control, Equipment Cleaning and Corrosion Protection. AerisGuard products prevent mold and bacteria growth in HVAC & R units. Its hygiene products kill germs, bacteria, some viruses, mold and other fungi on hard surfaces and on hands. The Company's technologies include Tri-Enzyme-Clean, Residual Shield and Probiotic-Guard.


OTCPK:AETLF - Post by User

Bullboard Posts
Post by sumosalaron Apr 02, 2010 1:41am
807 Views
Post# 16951540

Worth a reread!

Worth a reread!

CALGARY, ALBERTA--(Marketwire - Oct. 8, 2009) - Arsenal Energy Inc. ("Arsenal") (TSX:AEI - News; FRANKFURT:A1E - News) has completed a three well drilling program in North Dakota. The first two wells are Bakken horizontals and the third is Arsenal's first Three Forks well.

In July, Arsenal participated for a 31.27% working interest in the Hess operated RS Harstad - 433H-1. The horizontal lateral of the well was completed and stimulated in early August at an initial flowing rate of 1006 bbl/d of 40 API oil on cleanup. The Fidelity operated Craft 22-15H was drilled in late July. Arsenal's working interest is 3.13%. The well achieved an initial flowing oil rate of 1449 bbl/d of 40 API oil on clean up. Bakken wells typically stabilize between one third to one quarter of their initial test rates after 4-5 months of production. Arsenal believes that its entire acreage in Stanley is now fully proven with an additional 11 gross (2.3 net) drilling locations available based on 640 acre spacing.

Arsenal participated in its first well in the emerging Three Forks play with a 31.25% working interest in the Burke 100-20H well. The one mile long horizontal encountered oil shows in chip samples. Completion will commence in late October and the well should be on production in late November. The Burke 100-20H, if successful opens up Arsenal's Stanley land for a development of a similar scope to the Bakken.

Arsenal is a junior oil and gas company engaged in the exploration for, and development and production of natural gas and oil reserves primarily in Alberta and Saskatchewan and North Dakota, U.S.A. Arsenal's common shares trade on the Toronto Stock Exchange under the symbol "AEI".

For further information on Arsenal, please visit our website at www.arsenalenergy.com, e-mail info@arsenalenergy.com.
Bullboard Posts