Arcan
 

 

Our Company

Management Team

Directors

Employees

 


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 yeild 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 2008 and beyond.

We are anticipating Arcan to average 1,500 Boe/d in 2008 with the significant range explained by waiting for government approval to produce our more productive wells at an estimated 400 boe per day (200 net) from the current 90 boe per day (45 net). Our goal, in its simplist form, is to add net asset value per share.

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