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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > Strategic Plan
View:
Post by ltrabs on Nov 21, 2013 7:19am

Strategic Plan

1 - Executing on our 2014 capital program of $525-575 million (65% focused on drilling and completions) while maintaining production levels similar to 2013. 

2 - Terminating the dividend reinvestment plan ("DRIP") and share dividend plan ("SDP") and reducing our dividend by 50% to $0.04 per month

In other words, what they kept saying about growth and sustainability was 100%  BS
Comment by ltrabs on Nov 21, 2013 7:24am
Please disregard previous post. .... Wrong board ... still half asleep  ; ))
Arcan Resources Ltd
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