Arcan Resources Ltd ARNBF

RE: this is a bit weird

[oilinvstr]

Arcan drilled through 6 meters of Beaverhill lake formation on the way to their Gilwood formation discovery. They said in their press release they were going to drill a couple of vertical wells to see the extent of the Gilwood play, and try and find a thicker pay in the BHL. So these vertical wells are not unexpected.

What's interesting is that they've got production from 3 formations already, and might be able to produce from the BHL. This is a BIG deal.