Agoracom: Small Cap Investment - Aroway Energy Inc. - Re: Aroway valuation

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green_

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Re: Aroway valuation - correction

in response to

Re: Aroway mentioned today ...

green_

posted on Feb 14, 2012 10:48PM

correction

boe/d = $65000 (conservative)

(65000 * 669boe/d) / 54100000 = 0.80

(65000 * 800boe/d) / 54100000 = 0.96

boe/d = $80200 (Canada O&G average)

(80200 * 669boe/d) / 54100000 = 0.99

(80200 * 800boe/d) / 54100000 = 1.19

boe/d = $85000 (Alberta)

(85000 * 669boe/d) / 54100000 = 1.05

(85000 * 800boe/d) / 54100000 = 1.26

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