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Aroway Energy Inc ARWJF

Energy Oil & Gas E&P
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

Aroway Energy Inc
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Comment by whitehorn1on Jul 16, 2015 5:24pm
86 Views
Post# 23931853

RE:RE:RE:RE:RE:RE:Bk

RE:RE:RE:RE:RE:RE:BkThurstonHowe, If ARW can stay in business for 3 months, may be a challenge in itself, I believe the forbearance loans are due end of Aug. To my knowledge, ARW is somewhere between 500k to 1 million in arrears to those 2 loans. If CC can get a bridge loan come that date, and if they are actually producing 200k boepd, may have a chance. Its definitely not looking good at the moment, however if they get some money of around a million to ride this out for the next 6 months there is a chance. If the disposal wells are creating lots of grief, then most likely game over.
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Dealroom for high-potential pre-IPO opportunities