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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

Comment by investoil9on Aug 12, 2014 10:09am
309 Views
Post# 22831782

RE:RE:If

RE:RE:If1. Cardium can be valued much higher than that; use $60,000 BOE as conservative. 2. AXL has 365MM of Tax Pools; depending on the pockets that buy them, this is accretive in what you have outlayed. 3. Success of their Long Reach Wells. All Factors, I can see a value north of $0.75/share. This is my opinion. Q2 I believe is released this week as well; better idea then on progress and CF. Kind Regards
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