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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 davproon May 30, 2013 11:08pm
128 Views
Post# 21465209

RE: RE: RE: Financials

RE: RE: RE: Financials

So Maramos98, you believe in Fairy God Mothers I take it.
 

Then how about this:

The Company’s overall production for the quarter ended March 31, 2013 decreased 13,668 from 46,325 in 
2012 compared to 32,567 in 2013. The decrease is attributed to the aforementioned decrease in 
production from the Company’s largest Leduc well on its joint venture lands
Hmm the production went down but the stated production rate went up... they stated 650 last year and produced 46325 and they staed 1020 this year and produced 32567
 
Well I don't know about you but when I do the Math it looks like the average daily producti.on was about 362 for this period... seems to rather short of the 1020 doesn't it? 
Must be some more of that new Math... Think I'll stick with the old 
Bullboard Posts