About Arsenal Energy Inc.
Arsenal Energy Inc. is an oil and gas exploration, development and production Company headquartered in Calgary, Alberta, Canada. Arsenal's production mix in Q3, 2013 was 75% crude oil and natural gas liquids providing the Company with a high operating netback.
Arsenal's activities are focused in the US in North Dakota and in Canada in Alberta and British Columbia. The Company produces light oil in North Dakota at Stanley and Lindahl and in Alberta at Evi and medium oil in Alberta at Provost, Chauvin and Princess. Natural gas is produced at Desan in British Columbia and in Alberta at Chauvin, Princess and Provost.
The Company is focused on increasing shareholder value through development and exploration of its projects in North Dakota and Alberta in a balanced and financially responsible manner.
On November 5th, 2013, the Company declared a quarterly dividend of $0.06 per common share.