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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 fagiani24on May 22, 2015 2:10pm
49 Views
Post# 23755245

RE:RE:RE:RE:RE:RE:How much?

RE:RE:RE:RE:RE:RE:How much?Some of my thoughts, only my opinions. With the price of oil, lack of drilling and debt owing........in my opinion selling assets\future profits would affect the company in a negative way, no? Keeping the assets till they begin drilling again, bringing in cash to offset asset sales would be a better solution, if they can hold off that long. Also, why is everyone so stuck on insiders buying?? Once they here any mind boggling news which would drastically improve the SP they can't buy anyway do to insider trading. Also, most employees get stocks options given to them......with the market as low as it is, layoffs....most people would shy away from buying the shares with their own cash. Once again, only my opinion.
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