This is the second of two or possibly three exploration wells planned before year end. All of the exploration wells are defined by 3D seismic and all have prospectivity in at least 10 different zones throughout the well-bore with each well penetrating the Leduc formation in the Peace River Arch area of Alberta.
About Aroway Minerals Inc.
Aroway Minerals Inc. is a Western Canadian junior oil and gas production and exploration company focused on participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership.
Aroway is currently participating in two exploration wells which are programmed to a total depth into the Leduc formation in the Peace River Arch area of Alberta. The Company will pay 75% of all costs to earn 50% of all revenues in the exploration program. The first well has been drilled and continues to stabilize and is producing oil, gas liquids and gas.
This news release may include forward-looking statements based on assumptions and judgements of management of the Company regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements except as may be required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Telephone: (647) 258-3311, (888) 258-3323
Fax: (416) 363-7977
Disclaimer: Minerals Inc. (TSX VENTURE: ARW.V) is a featured showcase energy stock on Investorideas.com and related energy portals and blogs ( 3000 per month by a third party)