Arrow Resources Development, Inc. (OTCBB: ARWD) and its joint venture partners have acquired a 100% equity interest in a development site from local Indonesian farmers and GMPLH, one of the largest nonprofit organizations in Indonesia. The site is in the Tuli Tuli province of Sulawesi and will provide Arrow/PT Tiga Daun 45,000 Ha (111,150 acres) to expand its plantation and farming operations. The average annual production equates to 21 tons per hectare with the current Indonesian market price of $380 per ton thus yielding $7,980 per hectare annually. This would produce annual projected revenue of $355,000,000 and $35,500,000 to Arrow.
