McLeod

Arcan’s McLeod core area offers medium-risk, natural gas targets largely focused in Cretaceous / Jurassic aged strata. McLeod is a multi-zone liquids rich gas prone area.

The Future

Arcan has a large inventory of prospects developed by its two geologists. These geologists have worked the McLeod area for over 20 years each and have drilled in excess of 300 wells. Arcan competes in the area by farming-in or acquiring lands only after it has developed drill-ready prospects. This approach allows Arcan to be selective about its land acquisition.

Arcan is also pursuing deeper, higher-impact targets in the area. Arcan restricted capital in this area since 2007, to focus on oil development prospects.