Aroway Energy Inc ARWJF

RE:RE:RE:RE:lower debt reduced by $300,000 per month

[davpro]

The need for warriness comes from the fact that as long as results are sufficient to maintain the agreements then there shoulkd be no issue however should one or more of these arrangemnts prove to be less than selfsustaining the aroway will still be responsible for incurred costs. It really is the same risk as any other O&G exploration company however in most instances of JV both parties bear equal risk, in these arrangements however the cost accrues to ARW and must be paid by them should anticipated results prove to be insufficient. You shouldn't be confused really... the name of the game remains the same spend money to get money only in this case you indirectly borrow from the drilling party in anticipation of results paying down the liability. What you really accomplish if the deferment of expense not the avoidance of it.