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Aroway Energy Inc ARWJF

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

Bullboard Posts
Post by BLUE3on May 31, 2012 4:29pm
189 Views
Post# 19967619

ARW Third quarter resuelts

ARW Third quarter resuelts

Why the venture exchange would allow such a bull shot report to be issued.....no mention of third quarter results mentioned only nine month comparision of 2011-2012 ....NO mention off third quater cash flow NET BACK PER BOE  We can see net back cash flow from quartter one  sept 2011  report was $41.93 PER BOE....and quarter two dec 31 2011 cash flow net back was $35.79 .. NICE DROP  ...I CON SEE WHY CHRIS  WOULD KEEP Q  3  CASH FLOW NET BACK A SECRET   i would guess.... mid $20 range   As the price paid to canadian producers for crude oil  shiped to US gulf coast refiners  when any crude can get into the pipeline  has been droping steadly since last part of 2011 and still droping .....So cash flow net back per boe has droped as well.....The price quote yesterday  for edmonton light sweet  40 api$... 84.90....and western canadian  select crude was $71.51.....I expect to buy arw stock by year end in the twenty cent range........  Good luck with $  2.50 a  share   Mr.Green

                                                                                                                   lots of luck to all      blue3

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