| Q3 2011: | Production: | 3,684 bbl/d |
| Operating Netback: | $41.90/bbl | |
| Funds Flow | $0.12/share |
Swan Hills Reef: A Company-Making Emerging Light Oil Resource Play in a Proven Reservoir.
Arcan Resources Ltd. is a high-growth junior producer with a portfolio of assets located in the Swan Hills, McLeod and Hamburg areas. Arcan is over 90 percent oil weighted and all of its oil production is greater than 40° API sweet crude. Arcan's focus is in the Swan Hills Beaverhill Lake light oil reef play where estimated Original Oil in Place is up to 700 million barrels of oil equivalent with up to 40% recovery potential under waterflood. Arcan has approximately 176 gross (171 net) sections of land and an estimated inventory of over 400 horizontal drilling locations.
Arcan trades on the TSX Venture exchange under the symbol "ARN".
Q3 2011 Results
Corporate Presentation
Latest News
- January 26, 2012 - Arcan Provides Operational and Production Update
- November 28, 2011 - Arcan Announces Record Third Quarter 2011 Results
- November 7, 2011 - Arcan Announces a 67% Increase in Reserves Volumes and a 65% in Reserves Value
- October 7, 2011 - Arcan Completes $135,140,000 Public Offering of Convertible Unsecured Subordinated Debentures and Common Shares