Arcan Resources Ltd ARNBF

Testing

[tire9]

Must be testing and it wouldn't suprise if the wells in the Ethel pool were producing at a high rate. 20,000 ++ BBL/day  battery and treating station coming soon to Ethel. PIPELINES???

[teevee]

It would be good if ARN could match or beat Coral's flush production numbers of about 2.000 b/d:-)

[tire9]

Not good to frac and open large channels that have high prod rates. With waterflood the idea is to displace the oil not circulate thru channels. This makes for maximum recovery.The technicians, engineers  seem to be doing everything right here.

[binzer55]

"It would be good if ARN could match or beat Coral's flush production numbers of about 2.000 b/d"======================================================================No one should be expecting that, as Coral Hill is drilling a different formation with much higher permeabilities.No need to put unrealistic expectations on the next set of well results.I am simply looking for improved

[teevee]

""No one should be expecting that, as Coral Hill is drilling a different formation with much higher permeabilities.""I seriously doubt that statement. ARN was in first by a long time and shot lots of seismic to make sure they acquired lands with the best permeability and porosity.

[binzer55]

Well teevee, you would simply be wrong.Coral Hill's management is far superior to that of ARN, and they have CPG backing them up big time.I just wish I had an account with First Energy so I could have bought into Coral Hill.But ARN's land package is pretty darn good, and make no mistake, the big boys are interested, including CPG.ARN will do just fine for their shareholders, but