With a small amount of Capex, Arkose can capitalize on immediate revenue and cash flow from production.
Natural gas finding costs and operation expenses are historically lower than oil, while market prices for Natural Gas have remained constant over the last year, thus providing stability to Arkose and the ability to plan ahead.
Stable Revenue from Gas Production, coupled with the fact that current natural gas prices vs Demand and supply are slated to rise, more so and quicker than oil, will position Arkose Energy to Capitalize on the vast opportunities that present itself during these volatile times.
The primary target of the drilling was the Eocene Wind River Formation's Puddle Springs Arkose
Member where uranium mineralization is found at depths of 250-350 feet, within a favorable sandstone environment.
SAN ANTONIO, April 23, 2015 /PRNewswire/ -- Arkose Energy Corp.
Trace Maurin, CEO of Arkose remarked, "We are excited this transaction and look forward to continuing to build a strong base of production in this region.
Daryl Jacob earned lashings of praise from owner Roger Penny when unleashing Earth Planet with a late dash to clinch the 3m1/2f beginners' chase from favourite Arkose
A shallow-water to subaerial sequence of amgydaloidal mafic volcanic rocks interbedded with red arkose
and mudstone, and minor felsic volcanic rocks exposed on Wood Island are also included in the Long Pond Bay Formation but their relationship to the deeper water sequence exposed along Long Pond Bay is not known (Fyffe and Grant 2001, 2003; Black et al.
9, 2015 /PRNewswire/ -- The last several months have been eventful in the oil markets as well as at Arkose Energy Corp (OTC: RKOS).
When Arkose purchased Texas Oil Investment leases (Dead Horse, Glen Cove and three others we will develop at a later time), one of the principals of TOI, Ken Koepke joined our Board of Directors.
Oliver Sherwood, trainer of Arkose
"For some reason he just hasn't fired this season, but I won't have it that he doesn't like fences and he'll be going back chasing.
Scoyenia escape burrows in fluvial pebbly sand: Upper Triassic Sugarloaf Arkose
, Deerfield Rift Basin, Massachusetts, USA.