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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 whitehorn1on Jun 01, 2015 9:06pm
98 Views
Post# 23786906

Financials out on Sedar

Financials out on SedarProduction was 118 boepd, and extensions on the loans till Aug 2015. Basically, very bleak, as Davpro mentioned if they can't get financing, its game over for Aroway Energy. This could happen when those loans are due. I don't know how they can come up with 100k approx. for two loans per month, plus the short term loan of about 850k. CC will have to pull a rabbit out of his hat, to survive. Will need a "white knight".
Bullboard Posts