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Arrow Exploration Corp T.AXL


Primary Symbol: V.AXL Alternate Symbol(s):  CSTPF

Energy Oil & Gas E&P
Arrow Exploration Corp. is a junior oil and gas company engaged in the acquisition, exploration and development of oil and gas properties in Colombia and Western Canada. The Company operates in Colombia via a branch of its wholly owned subsidiary Carrao Energy S.A., with a portfolio of Colombian oil assets that are underexploited and under-explored. It focuses on expanding oil production from Colombia's active basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo Basin. Its assets include Tapir Block, Santa Isabel (Oso Pardo), Capella Field, Pepper, and Fir. The Company owns a 50% working interest (WI) in Tapir Block with approximately 65,154 gross acres (32,577 acres net). The Oso Pardo Field is located in the Santa Isabel Block in the MMV Basin. Its 10% interest in the Ombu Block contains the Capella discovery. The Company holds a 100% operated WI in 37 sections of Montney P&NG rights on its Pepper asset in West Central Alberta.


TSXV:AXL - Post by User

Arrow Exploration Corp > news out, property sale
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Comment by zagorskon Jul 12, 2012 10:12pm
167 Views
Post# 20109356

RE: RE: RE: RE: news out, property sale

RE: RE: RE: RE: news out, property sale

            So your $400M is simply making a rough estimate of the value of current production and reserves.  

            What it misses is the undeveloped Cardium land holdings as well as the nat gas assets 

            assosciated with the farm in. Forget the nat gas assets but the Cardium lands and drill locations 

            can easily add another $90M to the value. So I get a value of $1.75 per share.  

            LUCKY YOU !   

                   

 

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