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dj market talk/au-eq: arc energy makes new high

  1. 1,005 Posts.
    1151 [Dow Jones] ARC Energy (ARQ) makes all-time high of 79 cents,
    eclipsing
    previous 1997 peak, before slipping to 77 cents, still up 2 cents. Investors
    like
    robust cash flows from 50%-owned Hovea field in Perth Basin, which cranked

    production in June to more than 5,000 barrels of oil a day, plus exploration

    upside ahead of planned busy drilling program. (RCB)

 
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