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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 green_CCZon Mar 31, 2014 1:00pm
176 Views
Post# 22390724

verifiable FACTS ...

verifiable FACTS ...1. last 2 quarters net positives

2. last quarter prod 545boed

3. Aroway drilled 1 well at Kirkpatrick, tied it to production and is producing since Jan 2014 at over 100boed, bringing total prod to 300boed+ from 200boed+ last quarter

4. DEBT reduced at 300K a month, currently around 1 mil left to be paid, planned to be zero by Jul 2014

5. West Hazel property upgraded, facillity, disposal water well, etc. resulting in production/reserves and reducing cost significantly.



reference sedar and company news

https://www.arowayenergy.com/news/news_releases


Bullboard Posts