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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > crude prices
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Comment by skeksison Jan 10, 2013 5:54am
259 Views
Post# 20818894

RE: RE: crude prices

RE: RE: crude prices

They haven't made the terms of the farmout publicly available, so hopefully they will put it on SEDAR or something in the annual report.  My guess is that PBN will pay 100% of the well costs and get a 100% working interest before payout and after payout, Arcan and PBN will each have a 50% working interest.

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