Company

Arcan is a high growth junior producer with a large prospected inventory and an experienced, technically adept management team. The company has the prospect inventory to carry out an aggressive capital program, generating significant growth.

Our Goals

Primary to Arcan is the best long term rate of return for our investors.  We strive to exceed our investment guideline \\\"one dollar put into the ground should yield at least two dollars out\\\".  We measure this with a targeted recycle ratio of over 2.0.  We are confident that our existing assets and well balanced prospect inventory puts the Company in position to be one of the best names in the small cap coverage universe for 2010 and beyond.

We are anticipating Arcan to average 2,500 - 3,000 Boe/d in 2010.  In December 2009 Arcan commenced drilling its first horizontal multi stage frac well in its Deer Mountain pool.  A total of 10 wells have now been drilled or are drilling in our first round of development.  Continued success will set up a significant multi year 220+ development drilling inventory.

Our goal, in its simplest form, is to add net asset value per share.  Arcan has patiently accumulated the largest and best undeveloped acreage holdings in the Swan Hills/Judy Creek complex and now its time for development.  Going into summer with 8 horizontal wells already drilled, Arcan has shown how it can rapidly employ its resources to facilitate the development of its large asset base.