shakerzzz,scanning on Aroway Energy..must read(ARWcanadian)
ARW target !! 50
check thuesday or wednedday and before aprox. 2 sem.. 2nice news coming
Aroway Energy acquires 15 sections of Alberta land
2011-07-21 09:12 ET - News Release
Mr. Chris Cooper reports
AROWAY ENERGY INC. ACQUIRES LAND
Aroway Energy Inc., together with its joint venture partner (the partnership), was successful in acquiring 15 sections of land, consisting of 13 sections of shallower rights with drill depths to 1,500 metres and two sections of deeper rights, at a recent Alberta Crown land sale. The newly acquired lands are adjoining the partnership's existing core area landholdings, and approximately half the lands are covered with seismic data. Aroway now has access to approximately 90 sections of rights.
Due to heavy rains in the area, testing on the company's third well of the 2011 drill program has been delayed. Testing operations on the third well will therefore begin later this week followed by a recompletion program on the various recently acquired wellbores. Production results will be released on this well, and the recompletions when the wells have produced at reliable, economic rates.
Chris Cooper, president and chief executive officer, commented: "We are extremely pleased with the results at the recent land sale. The addition of the new lands complement the already impressive and highly prospective land package that we have access to in our core area in the Peace River Arch."
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