Mention ATTACHIE - Terry's mind goes blank?
What gives, you ask management about well curves and well costs, reserves, and production results regarding ATTACHIE, and managements mind goes blank. With holding information and not providing investors the infomation to access the investment opportunity.
That is because they don't want to be taken to task, they don't want to give a real answer that they can be measured against. I was not the only one that heard that, the interviewer heard the same thing as me, a bunch of mumbo jumbo, and no answer to the question.
So ARC position is this, no disclosure on a 600 million dollar invesment in Attachie.
I think they have likely sunk so much capital into that play, it may already be a Capex coverup.
IMHO