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Aroway Energy Inc ARWJF

Energy Oil & Gas E&P
Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.


GREY:ARWJF - Post by User

Aroway Energy Inc
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Comment by Wall.Streeton Apr 17, 2012 8:09pm
351 Views
Post# 19805181

RE: RE: Aroway increases production by 25% to 650

RE: RE: Aroway increases production by 25% to 650

I read it on stockwatch. This is great news for ARW!

 

-25% increase in oil.

-650 boe/d at 90% oil content. 

-200 boe/d shut in due to NG prices but available at any time

-850 boe/d total

-Record month for revenues from increased oil production

-Drilling program set to begin as soon as spring break up is over with 100% oil focus.

-On track to conquer another goal for 2012 to exit production at 1200 boe/d

 

Bottom line: Company is generating more cash flow than ever before from a 25% increase in oil production!

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Dealroom for high-potential pre-IPO opportunities
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