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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by coorsmanon Feb 05, 2012 8:47pm
344 Views
Post# 19492912

RE: PI Financial's latest update Jan 27

RE: PI Financial's latest update Jan 27

"we have updated our 2012 production forecast to 7,000 boe/d"

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That seems a bit conservative considering they are presently doing 6400 boed with 7 wells already drilled, waiting for completion. While I realise spring break up will result in a decrease of flush production, they should have a heck of a second half. Or should I say CPG will have a heck of a second half with our assets! :o)

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