good press releaseNAV of $63m U.S. is $77m Cdn - over $3 per share. The comments in the press release on strategic opportunities is very encouraging.
Finally, ArPetrol continues to evaluate at all strategic opportunities available to the Company. YPF S.A. and Enap SiPetrol Argentina S.A., the third-party providers of natural gas processed at the Company's Faro Virgenes plant, recently announced a significant multi-year expansion to their Magallanes field. We see this increase in activity in southern Santa Cruz as a positive sign for our business development activities in the region. Additionaly, we are actively pursuing new mid-stream opportunities through-out the region.
Read more at https://www.stockhouse.com/news/press-releases/2015/04/23/arpetrol-ltd-announces-financial-and-operating-results-for-the-fourth-quarter#dGlM7gCooAg1HW3a.99