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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by brendellyon Dec 23, 2011 2:11pm
309 Views
Post# 19349249

RE: RE: RE: RE: Numbers and Comparison

RE: RE: RE: RE: Numbers and Comparison

Yes Arcan is not a cheap story...done...we got that, anyone would drill this. No red flags and these numbers are conservative on the type curve. And yes you do take exit rates or behind pipe production into consideration, someone walks in tomorrow and makes an offer they want to know how much the asset is producing TODAY and what it looks like tomorrow.

F&D: $15-$18/boe at 250,000-300,000 bbls per well.

IP6: 250 boe/day Type Curve

Capital Efficiency: $18,000/flowing boe

Payout Average: 1.1 years

Recycle Ratio: 2.5X

 

 

 

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