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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 8675309Jennyon Jul 02, 2015 8:17pm
96 Views
Post# 23888171

RE:RE:RE:Taking the 187,000 at 8 would be an interesting close

RE:RE:RE:Taking the 187,000 at 8 would be an interesting close
Could be as high as 20c, a little surprising RBC crossed 5K at the close at .085 (High closing is illegal and frawned upon), but because it traded at 9c during the day they are likely ok. RBC is getting close to having bought 3m shares in recent days .... they are shaking the tree .... see how many shares appear on the market. But the Board is doing the right thing in selling the company .... IMO they are liable for having NO hedges with upcoming debt repayments (total negligence), and the longer they wait, the more likely they get 0. Now is the time to sell.
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