Replies to post #19 on Arsenal Energy Inc. (fka AEYIF)

[OilStockReport]

I like what I see. Here is some more info I found.

Arsenal Energy (AEYIF.PK) has 6,948 net acres in the Bakken/Three Forks, and 3,862 net acres are in the Stanley/Parshall area. Competitors adjacent to Arsenal's Parshall Field acreage are:

EOG Resources (EOG)
Hess (HES)
Whiting (WLL)
Its 2011 to 2012 drilling program is 3.4 net wells. First year total production is estimated to average 900 Boe/d for these 3.4 wells. Arsenal's total net locations are 74. Of this, its Bakken/Three Forks locations total 23. The rest of Arsenal's locations are in Alberta.