Arcan Resources Ltd ARNBF

RE:No LTS Knight Coming

[barneymillar]

Finally, an intelligent comment on this board.
I agree LTS is in a poor position to acquire ARN. Their obvious unhappyness with the Swan Hills play may be due more to their costs rather than the play. I understand that they have had high well and completion costs and issues with their completion technology. In addition they choose not to explain why they built their plant when as I understand it they could have gone to ARN's facility?
In addition they are having trouble with their Cardium completions which leads me to think they hsave a people issue in their completion/operations group?
I am a LTS shareholder and not a very happy one!