OTCPK:ARNBF - Post by User
Comment by
coorsmanon Jan 26, 2012 9:22am
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Post# 19451282
RE: good update out this morning
RE: good update out this morning Everything going as planned, management met guidance and the new wells continue to pay out in less than a year. Under full waterflood, numbers only get better. With the potential to extract 40% of original oil in place, this play is a cash cow, just the kind of asset that CPG drools over. No wonder CPG has moved so heavily into the BHL. Arcan will be the feather in their cap.