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At current oil prices Arc Energy must be rolling in it, what...

  1. 1,317 Posts.
    At current oil prices Arc Energy must be rolling in it, what with oil production increasing and the company remaining unhedged.

    Streitberg due to make a comprehensive statement this week on the company's finances and forward planning.

    And with the company maintaining a rig on long term contract it can more or less drill when it likes. Next up Xyris South #1.

    I bought in this morning.
 
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