OTCPK:ARNBF - Post by User
Comment by
iaminvestoron Dec 04, 2012 2:45pm
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Post# 20682319
RE: RE: takeover talk on investor village
RE: RE: takeover talk on investor village Second Wave Petroleum (SCS) initiates its own waterflood project in Q4 2012.
CPG presentation confirms it too.
If ARN has very good results in waterflood as it has been clear thus far, this will help SCS production as well. SCS drills at the same land.
PRY which drills a bit to the North has also great results from its waterflood operations although its recent decision to acquire STO has hurt the share price a lot and it has undermined its waterflood efforts.
Exciting times are ahead for ARN and SCS.
Hold tight folks.