OTCPK:ARNBF - Post by User
Post by
templetoothon Apr 27, 2012 12:22pm
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Post# 19844356
Musings 6:1 CPG:ARN
Musings 6:1 CPG:ARN In round numbers, would "cost" CPG 17 million shares or an increase of about 5% over the current 317 million shares outstanding.
The added 6000 b/d would increase their daily oil production by almost 10%, and their boe/day by about 8%.
Logical move, no?