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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 8675309Jennyon Feb 13, 2015 1:51pm
112 Views
Post# 23427838

Investors Bailing out in droves after last press release

Investors Bailing out in droves after last press release
1,041,412 shares dumped yesterday, and already today 562,100 dumped onto the market. No reason to hold here, even with oil climbing higher daily, as the company is sitting on their hands for months. Stock should break through 10c, and then the selling avalanche will start taking it down to 5c. No equity or other financing will be available to a company with no hope or prospects. its hard to believe after reading the circular that this would happen, obvious why no insider ever buys stock in the open market (other than savings plan) ... this is like the NDP oil company, everyone just shows up for the paycheck, running it into the ground.
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