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Arrow Exploration Corp T.AXL


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

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).


TSXV:AXL - Post by User

Post by fearlessggg1962on Dec 05, 2013 12:42pm
318 Views
Post# 21975031

Trading Value

Trading ValueHallken,
Reading your post, I am with you, it is hard to believe we are trading at $0.11 when we we know the company had $24M in cash and a line of credit of $28M. Simply the cash alone is worth a 27% upside from today's price. I am all in, I need another 300,000 shares then I'll be waiting for Mr. Market to realize that this little company is worth a lot more. We just need to be patient.
Regards,
Fearless



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