OTCPK:ARNBF - Post by User
Post by
prospect_93on Apr 27, 2010 10:31pm
492 Views
Post# 17037858
Cash Generation
Cash Generation
I'd like to point out again that these guys are melting the rock with their frac fluid. With this new frac mixture, which Celtic was not using, reduces reservoir variabilty as a risk. Arcan is creating the porosity and permeablity. Reservoir pressure is the main risk. Even with this risk, we see 600bbls/day!(see 12-29) 10-27 is likely blasting oil out of the formation. Guessing this is > 1000bbls/d based on SP movement. Field scouts are all over this, telling investors and friends, and thereby running up the SP for the rest of us to interpret. Thanks guys!
Anouncement coming soon based on Haywoods grabbing of shares. They don't seem to let their clients buy unless there is a positive release coming out right away. Thanks to Haywood too!
Seriously, this is a hold until $20 (or more) just like Crew. Hang in there! May even want to start researching your favorite Porche model! GT 2 anyone?
All the best.