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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > Blendforce
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Comment by teeveeon Oct 09, 2014 12:12pm
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Post# 23014768

RE:RE:RE:RE:RE:RE:Blendforce

RE:RE:RE:RE:RE:RE:Blendforcewait and see what happens. For example, a $10 drop in the price of oil comes off the bottom line. ON a yearly basis, that translates to 3 less wells/year. How comfortable will the bankers be? Will the bankers gamble that oil prices will recover before hedges come off? I have yet to see a banker that likes ANY risk. 
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