Comment by
coorsman on Feb 04, 2012 1:01am
The Stimsol acquisition saves a half million per well, paying for iitself in one year. After that, it continues to save Arcan money. That piece of the puzzle alone is worth $150 million to an acquiror on a cash flow basis. I'd say that was a pretty good investment! :o)
Comment by
Smartcents on Feb 04, 2012 10:11am
Very informative presentation for new investors. Yes the Stimsol acquistion is only one of the many smart moves that our BOD has made, and it is all shareholder value driven...holding this one down has come to a end!! So the "buy out" will have to be hurried along.. I see the 10.00 range...we C
Comment by
Firesole3 on Feb 04, 2012 4:39pm
The Stimsol acquisition was brilliant...More FRACS