Aroway Energy Inc (ARW.H.V)

Being punished for a delay in the production update. Still on tract for production. Also it is perceived as a nat gas company but are in oil too.

(A Top Pick Nov 23/11. Up 64.15%.) Located in Alberta’s Peace region. Surrounded by major oil/gas producers. Executing on its business plan.

Controls over 100 sections in northwest Alberta. Exceeded all of their production targets. Targeting 2000 barrels buy end of 2012. Management has demonstrated ability to exceed expectations and increase shareholder value.

Currently producing at 530 barrels of oil of which 76% is oil in the Peace region of northern Alberta. Targeting to exit 2011 at over 1000 barrels a day. Surrounded by majors.