So far the sp has really been unaffected by the three wells and...

So far the sp has really been unaffected by the three wells and about 10,000 bopd gross flow....

Why?

Arc is the dog of the patch in terms of market perception....big blocks still being offered on the sell side.

Maybe once that selling gets done (if ever) the sp will have a nice advance, but lots of selling on the way up from previous holders that took a bath on the falling share price.

Still a good stock for a quick flip and NOTHING else....

And if ADI comes up with a primary duster, Arc will no doubt fall as well....of course it never went up much becuase of ADI's price jump, but with the negative feelings tward Arc, it will fall!