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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > PBN Farm out
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Post by needtomakeabuck on Jan 07, 2013 11:34am

PBN Farm out

Heard via the field it is going well on the drilling side.  Two wells done with great results.  Now working on ways to keep production on higher numbers longer.  Water flooding is helping alot.

PBN has alot of wells left to do. THIS IS NOW THEIR BIGGEST PLAY I WAS TOLD. MOVING ALOT OF THEIR BUDGET $ TO THIS AREA.  HANG ON....GLTA

Comment by hardeehar on Jan 07, 2013 2:49pm
Thanks needtomakeabuck. That's just what I wanted to hear. Especially the positive waterflood response their experiencing. If things are going the way I think they are Arcan will be closer to 5000 bbls/d by February and back on the production growth track.  So the SP is a steal at the current price. Arcan still have not released the new corporate presentation on their web site.  I ...more  
Comment by iaminvestor on Jan 07, 2013 3:55pm
That is great news !  Thanks !  So  good  to  hear  that   BHL   formation   responds   fine   to   waterflood...... This  will  help  SCS (Second  Wave  Petroleum)  too   which   just  initiated  its  waterflood  program  in  Beaverhill  Lake  formation   ...more  
Comment by bladerummer on Jan 07, 2013 4:07pm
Who cares what garbage stocks you pump here, I won't look or touch a single stock you spam over here.
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