TSXV:WEE.H - Post by User
Post by
mrtnreaon Nov 01, 2010 10:59pm
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Post# 17643118
Arc Energy Budget
Arc Energy BudgetThe emphasis on the development of oil resource plays has led to the allocation of $90 million to Pembina in central Alberta. ARC plans to drill 42 horizontal Cardium locations in 10 different properties as we increase production and further our knowledge base. Extensive work will also be done focusing on waterflood management so as to optimize production through stimulations, conversions of producing wells to injectors and the drilling of new injection wells.
https://www.newswire.ca/en/releases/archive/November2010/01/c7459.html