Add ARQ to the list of companies that no one cares about. Oil was up over US$5 a B last week and ARQ managed to fall from $1.35 to $1.31 - how's that for performance.
And to top it off, the latest well will add almost 900 bopd to ARQ's production - about half of what STU produces in a year.
I guess that oil companies remain out of favour in Australia and the USA - take a look at APC....