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 > Interest?

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Comment by TheRock07on Mar 26, 2014 8:10pm

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Post# 22373028

RE:RE:RE:RE:Interest?

Is that $90 USD for oil or $90 cdn dollars.

Thats low, as an average for 2014 even as USD.
In C$, the average would be over $100 for its light oil.

Again, investing is all about forward perspective.

With entry production of about 2000 boepd, AXL would have to exit 2014 at 3500 boepd or higher in order to average 2600 boepd.

Cash flows will show a strong temporal trend in 2014, as Cardium oil wells increase in overall contribution to total production.

That is, at exit 2014, AXL should be above 35 % oil and at 3500 boepd, should be cash flowing above $30 million.

This will be enhanced should the C$ fall to predicted levels of 85 cents.

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