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Arsenal Energy Inc. ( TSE: AEI )
Permitting Activity
December 04,2015 : Arsenal Energy Inc. Permitted the ARSENAL DD 102 PRIN 16-13-20-11 DIRECTIONAL well in ,AB : November 20,2015 : Arsenal Energy Inc. Permitted the ARSENAL 102 HZ PRIN 16-31-19-10 HORIZONTAL well in ,AB : November 19,2015 : Arsenal Energy Inc. Permitted the ARSENAL HZ 103 PRIN 5-24-19-10 HORIZONTAL well in ,AB : November 17,2015 : Arsenal Energy Inc. Permitted the ARSENAL 102 HZ PRIN 6-9-20-10 HORIZONTAL well in ,AB : November 12,2015 : Arsenal Energy Inc. Permitted the ARSENAL PRIN 8-19-20-10 VERTICAL well in ,AB : Click here for More Permits ActivityLatest News & Activity
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Arsenal, Lone Pine Canada Combine; Debut as New CompanySeptember 13,2016
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Lone Pine, Arsenal to CombineJune 24,2016
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Arsenal Energy to Sell All U.S. Assets; Bakken/Three ForksMay 27,2016
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Arsenal Energy First Quarter 2016 ResultsMay 10,2016
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Arsenal Energy's Credit Facility Approved at $55 MillionJanuary 06,2016
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Arsenal Boosts Proved Developed Reserves 124% in 2015December 09,2015
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Arsenal Energy Lowers Planned Capital ExpenditureAugust 05,2015
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With Low Prices, Arsenal Focused on Expansion March 11,2015
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Arsenal Energy Continues Low Risk Alberta DevelopmentJanuary 09,2015
Deals - Arsenal Energy Inc. Divestiture(s)
Announce Date | Price($MM) | Region/Basin | Headline | |
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Jun-24-2016 | Williston Basin,Canada | Lone Pine, Arsenal to Combine | ||
May-27-2016 | Williston Basin | Arsenal Energy to Sell All U.S. Assets; Bakken/Three Forks | ||
Total |
About
Arsenal Energy Inc is engaged in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary basin in Canada and Williston basin in the United States The company produces light and medium oil, heavy oil, natural gas, natural gas liquids, and coal bed methane It has interests in 13 core and 13 minor properties in the provinces of Alberta, British Columbia, and Saskatchewan in Canada; and 2 core and 3 minor properties in North Dakota in the United States As of December 31, 2013, the company had interests in 2446 net producing and 2505 net non-producing oil and natural gas wells, as well as 62 net service wells It also had 8,8121 thousand barrels of oil equivalent MBOE of proved reserves and 14,4142 MBOE of proved plus probable reserves Arsenal Energy Inc is headquartered in Calgary, Canada
639-5th Avenue SW
Suite 1900
Calgary AB T2P 2V6
Suite 1900
Calgary AB T2P 2V6
Phone Number
403 262 4854
Personnel (7 people)
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Chief Geologist, IT Manager
Chief Geologist, IT Manager
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Vice President, Land
Vice President, Land
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Vice President of Production
Vice President of Production
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Vice President Drilling & Completions
Vice President Drilling & Completions
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Vice President of Engineering
Vice President of Engineering
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President, CEO
President, CEO
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Chief Geologist
Chief Geologist
Frist Name | Last Name | Title | Phone | |
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Darren | Kondrat | Chief Geologist IT Manager | ||
Gjoa | Taylor | Vice President Land | ||
Kent | Sawatzky | Vice President of Production | ||
Leo | Nolte, RET | Vice President Drilling & Completions | ||
Ron | Forth | Vice President of Engineering | ||
Tony | Van Winkoop | President CEO | ||
Wade | Hansen | Chief Geologist |
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Arsenal, Lone Pine Canada Combine; Debut as New Company
September 13,2016
Arsenal Energy's Credit Facility Approved at $55 Million
January 06,2016
- Arsenal Boosts Proved Developed Reserves 124% in 2015
December 09,2015
Arsenal Energy Lowers Planned Capital Expenditure
August 05,2015
Company Divestiture
Announce Date | Buyer | $MM | Type | Play/Location | Details |
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Jun-24-2016 | Corporate | Cardium Shale,Bakken Shale & Three Forks,Horn River | |||
May-27-2016 | Property | Bakken Shale & Three Forks |
No Results found
Arsenal Increases Budget after Success at Princess
August 07,2014
Exploration success at Princess, capital budget increased from $44 million to $56 million.
Arsenal Maintains Focus on Bakken Ops; Hits 3,973 BOE/d Record
March 12,2014
Based on the 2013 production rate, Arsenal has a reserve life of approximately 10 years on a proved plus probable basis.
Arsenal Tags 2014 CapEx; Eyes Bakken, Cardium Growth
January 06,2014
Arsenal has set a 2014 capital budget of $37.7 million. The budget includes the drilling of
Arsenal Sets Up Wells at North Dakota, Alberta Bakken Leases
September 10,2013
Arsenal is maintaining 2013 exit rate guidance at 4,400 boe/d but is increasing cash flow guidance for 2013 to $44 million due to higher realized oil prices.
Arsenal to Ramp Up Bakken Activity, Production by Year-End
August 07,2013
It is anticipated that cash flow will show additional substantial growth in the third quarter due to production increases from recently drilled Bakken wells in North Dakota and higher current realized prices.
Arsenal's Bakken Ops Ramp Up Production, Cash Flow
March 19,2013
Q4 2012 is highlighted by an 18% increase in cash flow from operations to $10.0 million from $8.4 million generated in Q4 2011.
Arsenal Provides Field Producing Update
January 14,2013
In addition, approximately 500 boe/d of North Dakota Bakken production was behind pipe and is expected to be placed on production in Q1 2013.
Arsenal Energy Acquires Cardium Acreage, Update Bakken Ops
November 06,2012
Outlook
Arsenal currently has an interest in 9 gross (1.1 net) North Dakota Bakken wells in various stages of drilling or completing operations. It is anticipated that most of these wells will be on production by yearend. With those wells…
Arsenal Drilled Two Alberta Horizontal Wells
October 06,2012
At Princess Alberta, Arsenal has drilled and tested two 100% working interest horizontal wells. The first well flowed at an average rate of 600 bbls/d of oil and 730mcf/d of gas over a five day test period. The well has…
Arsenal Sees Production Growth From Bakken; Evaluating Cardium Play in 2013
August 08,2012
Arsenal Energy Inc., is pleased to release its 2012 Q2 results. Production for the second quarter increased by 95% to 3,555 boe/d compared to Q2 2011.
Operations
Production averaged 3,555 boe/d during the second quarter, up 95% compared to the…
Arsenal Energy Inc. Provides Update On Bakken Well
June 19,2012
At Stanley North Dakota, Arsenal as operator has completed and tested the Anthony Robert two mile horizontal Bakken well. The well flowed at 978 bbls/d of oil during a 24 hour test period and has been turned over to production.…