GREY:ARWJF - Post by User
Post by
Henmystirsiron Mar 08, 2012 10:01am
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Post# 19642744
121 sections of exposure.. Very nice ARW
121 sections of exposure.. Very nice ARW With 16 wellbores that are covered by seismic, what a great addition. Keep up the advances ARW the shareholders are behind you completely. It is so good to have found a company that is really working at increasing shareholder value through smart aquisitions, drilling and recompletions. Good timing with oil over 100$ and surrounded by major companies that must be so jealous of the oil flow rates that ARW is achieving in such a small time frame. Drilling out of cash flow, you cant get much better than that. I dont care if they use the line of credit since the payback period of work done is very quick and interest rates are almost nil it would be just fine with me since it would reduce the chance of any private placement. If you want a nice position in ARW you will have to buy them on the open market like the rest of us. All in my opinion.