| Year 2011: | Production: | 3,276 boed |
| Operating Netback: | $49.16/boe | |
| Funds Flow | $0.49/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 (OOIP) 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 risked horizontal drilling locations.
Arcan trades on the TSX Venture exchange under the symbol "ARN".
2011 Year End Results
Corporate Presentation
Latest News
- May 9, 2012 Arcan Increases Credit Facility to $200 Million
- April 26, 2012 - Arcan Announces Year End Results and Filing of Its Annual Financial Statements, MD&A and Annual Information Form
- April 12, 2012 - Arcan Provides an Update on 2011/2012 Winter Operations and Production
- January 26, 2012 - Arcan Provides Operational and Production Update