Ante  creeK steady  growth Ante creeK is a story of  growth through  the drill bit.  By implementing HoriZontAl drilling And Multi-stAge  frActuring technology  Arc has  successfully increAsed Well rAtes And is  unlocKing neW  reserVes. Arc has identified 150  unrisked  future development  locations in Ante creek nuMbeRs At A GlAnCe 95%  working interest 7,300  boe per day 44%  oil and ngLs  56%  natural gas RLI of  16  years 245  gross and 238  net sections 2011 Budget:  $102 Million OIL BOE/DAY gAS BOE/DAY ngL BOE/DAY 01 02 03 04 05 06 07 08 09 10 9,000  8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 AnTE CREEK PRODUCTIOn Boe/d 18 ARC ResouRCes AnnuAl  report 10