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Friday, March 4, 2011

Oil and Gas Stocks Trading Alert; Aroway Energy Inc. (TSX.V: ARW) Trading up 14.93 % on News

Point Roberts, WA - March 3, 2011 (Investorideas.com Newswire) - www.InvestorIdeas.com, a leader in sector research including energy stocks, releases a technical stock trading alert and stock chart for energy stock Aroway Energy Inc. (TSX.V: ARW). The stock at the time of the release is trading at$ 0.385, up 0.05 (14.93%) on 123,530 shares. The company reported news today their 20111 drilling program has commenced. The stock has traded as high as $0.41.
Trading stock chart March 3
Investorideas.com Newswire News:
Oil and Gas Stocks; Aroway Energy Inc. (TSX-V: ARW; PINK: ARWJF) Begins 2011 Drill Program
"CALGARY, ALBERTA - March 3, 2011 (Investorideas.com energy stocks newswire) - Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that the Company has begun drilling operations on its first well of the Company's 2011 Peace River Arch exploration drilling program. The 3D seismically defined multi-zone prospective well is located on the newly acquired lands announced by the Company on February 14, 2011. The well is targeting the Leduc formation at a depth of approximately 2,300 meters. The drilling operations of this well are being operated by the Company's joint venture farm in partner with the Company paying 50% of all costs associated with this well to earn a 50% interest in the well. This exploration well is expected to take approximately 17 days to reach total depth."
Full Article: http://www.investorideas.com/CO/ARW/news/2011/03031.asp
About Aroway Energy Inc.:
Aroway Energy Inc. is junior oil and gas exploration Company focused on high working interest non-operated oil and gas exploration prospects. 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.
Contact Aroway Energy Inc
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
(647) 258-3311 or Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
Visit the company's showcase page at http://www.investorideas.com/CO/ARW/
Visit the Company's website at
www.arowayenergy.com
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