Arrow Exploration Corp T.AXL

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

Energy Oil & Gas E&P

Arrow Exploration Corp. is a Canada-based junior oil and gas company. The Company is engaged in the acquisition, exploration and development of oil and gas properties in Colombia and in Western Canada. The Company operates through two segments: Colombia and Canada. In the Llanos Basin, the Company is engaged in the exploration, development, and production of oil within the Tapir block. Its assets include Tapir Block, Santa Isabel (Oso Pardo), and Capella Field. The Company owns a 50% interest in Tapir Block with approximately 65,154 gross acres (32,577 acres net). Its Oso Pardo Field is located in the Santa Isabel Block in the Middle Magdalena Valley (MMV) Basin. The Company also owns approximately 10% interest in the Ombu Block, which contains the Capella discovery. The Capella Field produces approximately 2,250 billion barrels per day (bbl)/d (225 bbl/d net).

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Arrow Exploration Corp

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Post by BuyUrShareson Sep 17, 2013 6:10am

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Post# 21744808

Debenture Trading Very Active

Over $25 million dollars worth transacted closing price $72.

The Banks had AXL on a short leash ....but now that has all changed with this $82 Million dollar asset Sale. Now they will have Nil 0$ debt and $24 cash going forward.(not to mention even more asset sales pending) Very appealing setup for a nice J/V to enter the picture here near term.

Tables have turned....we have a Goth Story ready to develope here once agian. Thier wells are very productive with good Netbacks...and the price of NG is rising too,

Cheap shares will not last long under $0.20

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