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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (6982)1/14/2005 2:40:25 PM
From: Crossy  Respond to of 37387
 
re: AEI.V Arsenal Energy - C$0.94

The more I look into this company the better I like it ! Bakken oil plays are typically VERY prolific - should do wonders for the reserve base..

And their Sasketchewan area targets should offer some good newsflow in the coming weeks as well. Judging from this PR the already completed and tested wells broght in around 100bopd :
aren.ca

and the best in the PR is the hint that 2 further already drilled targets in Tangleflags/Lashburn are waiting for completion and Arsenal intends to drill 3 MORE WELLS there in January that might get connected as soon as early January !

that's why I prefer oil over gas - you can bring it on production quicker - ramp up faster and operation leverage is not as big.. and the current pricing is stronger also

rgrds
CROSSY