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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
Comment by Canada300on Jan 27, 2014 12:20pm
246 Views
Post# 22138181

RE:RE:news

RE:RE:newsHey folks, generally a lurker, not a frequent poster, but since I'm in Western Canada I felt it might be beneficial to comment: ARW is not paid WTI prices for oil, nor Henry or other American Hub for Nat Gas. We are paid the going Cdn rates, currently approx. $87Cdn/bbl for WCS ($20< than wti) and if we were to sell gas, it would be approx. $4.50cdn/mcf on aeco. if they had to "pump" gas, then they have other serious problems on their hands. finally, january has been absolutely beautiful in alberta and saskatchewan for this time of year. it is winter, it happens every year, and we in the patch count on it! yes, we slow down when it gets to -30 to -40, but i don't recall that being a problem this month. for disclosure, i have a decent position in arw and am considering adding more! i like it! all imho. than="" wti)="" and="" if="" we="" were="" to="" sell="" gas,="" it="" would="" be="" approx.="" $4.50cdn/mcf="" on="" aeco.="" if="" they="" had="" to="" "pump"="" gas,="" then="" they="" have="" other="" serious="" problems="" on="" their="" hands.="" finally,="" january="" has="" been="" absolutely="" beautiful="" in="" alberta="" and="" saskatchewan="" for="" this="" time="" of="" year.="" it="" is="" winter,="" it="" happens="" every="" year,="" and="" we="" in="" the="" patch="" count="" on="" it!="" yes,="" we="" slow="" down="" when="" it="" gets="" to="" -30="" to="" -40,="" but="" i="" don't="" recall="" that="" being="" a="" problem="" this="" month.="" for="" disclosure,="" i="" have="" a="" decent="" position="" in="" arw="" and="" am="" considering="" adding="" more!="" i="" like="" it!="" all="">
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