Aroway Energy: Minimal Debt, Trading At 2 Times Cash Flow, Significant Growth Potential
- Aroway energy (arwjf) is on off the radar oil producer with hidden value in a new heavy oil development property.
- The company has a very conservative balance sheet and trades at less than 3 times expected april 2014 cash flow.
- The potential catalyst for aroway shares is the conclusion of water disposal drilling at one property and the start of production at another.
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ARWJF vs. ETF Alternatives
Aroway Energy Inc. is a western Canadian junior oil production and exploration company participating in oil development & exploration prospects in Alberta and Saskatchewan. Aroway operates and owns a 100% working interest, operated heavy oil producing property in West Hazel, Saskatchewan, and a... More
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