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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 Sep 22, 2014 8:46pm
175 Views
Post# 22960552

Bullish or what?

Bullish or what?I think this stock is in a very bullish trend right now, two days of very negative stock market, oil price have been going down since June, most oil companies are down and AXL's shares dropped 20% this morning and recovered almost immediately. Very very impressive! So $0.29 or so seem to be the new floor. Thanks to the new deep pockets purchasing @ the new floor. All we need now is good positive updates in mid October and we are off to new floor level next, i think the next new level will be low forties. Again thank you to the new buyers, today was the proof that Mr.Market is no longer ignoring this compelling story. Just my two bits of common sense. regards, Fearlessgg
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