GREY:LSTMF - Post by User
Comment by
wordlesson Dec 05, 2012 4:49pm
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Post# 20689209
RE: ARCAN acquisition
RE: ARCAN acquisition "Arcan acquisition was the best way fro PBN to boost its oil production as Beaverhill Lake is oil rich."
PBN did not acquire ARN and is not boosting its oil production from its equtiy investment in ARN.
PBN did participate ina farm-in deal with ARN, but PBN did not aquire any production with its purchase of ARN shares.