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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by good40on Dec 21, 2011 11:47am
181 Views
Post# 19341992

RE: Repeat

RE: RepeatUnusual problems tire9 ?  They spent $225 million so the unusual problems only affected production numbers,  it certainly
didn't slow down their activity.  Look,  exit rate for 2010 was 3000 bopd... the average rate for 2011 was 3500 bopd.  Shouldn't matter what the reason was,  those kind of numbers do not support $225 million.  They are about 17k bopd light.

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