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Arrow Exploration Corp T.AXL


Primary Symbol: V.AXL Alternate Symbol(s):  CSTPF

Arrow Exploration Corp. is a junior oil and gas company engaged in the acquisition, exploration and development of oil and gas properties in Colombia and Western Canada. The Company operates in Colombia via a branch of its wholly owned subsidiary Carrao Energy S.A., with a portfolio of Colombian oil assets that are underexploited and under-explored. It focuses on expanding oil production from Colombia's active basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo Basin. Its assets include Tapir Block, Santa Isabel (Oso Pardo), Capella Field, Pepper, and Fir. The Company owns a 50% working interest (WI) in Tapir Block with approximately 65,154 gross acres (32,577 acres net). The Oso Pardo Field is located in the Santa Isabel Block in the MMV Basin. Its 10% interest in the Ombu Block contains the Capella discovery. The Company holds a 100% operated WI in 37 sections of Montney P&NG rights on its Pepper asset in West Central Alberta.


TSXV:AXL - Post by User

Post by fearlessggg1962on Feb 07, 2014 1:42pm
327 Views
Post# 22185033

new info on BOED value

new info on BOED valueHello to all, 2 days ago.There is a new company called Tanager just bought out existing production of 160BOED in the Leduc area which is more than likely comparable to the BOED AXL is producing right now. So my point is this, we are getting $12,727.00 for each BOED we produce at AXL and some company like Tanager see value in paying $56,250.00 per BOED. Are we undervalued or what? Mr. Market will reward us all in due time, in the mean time....patience, patience. Regards, Fearlessgg
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