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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 SKOilandGas90on May 07, 2014 5:04pm
218 Views
Post# 22535650

Waiting In This Stock

Waiting In This StockI dont think that necessarily no trading is such a bad thing at this point; yes it means there are no buyers but it means that those in arent wanting to sell right now either. I say wait until Q1 results are all up and running on two gas wells in West Central Alberta that have hit the "gas" gold mine. Hopefully those results are available soon and we can see the fruitful transition from wells that lose money daily to successful light oil end and natural gas that doesnt require compression to float out of the ground.
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