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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by teeveeon Jan 20, 2012 12:39pm
165 Views
Post# 19427284

RE: RE: good40

RE: RE: good40

good40,

yes, I would be happy wih 6000 bopd because it is just a milestone. Do you think other late entrants into this play will have any less field infrastructure developoment issues (roads, pipelines, acid company and local acid blend facility and capacity, tanks, injection etc)? ARN made a huge investment in this last year, and it should pay off in 2012. There will also be ongoing increases in reserves as the production history grows and drilling continues to "derisk" the "bluesky". 

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