Arrow Exploration Corp T.AXL

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

Energy Oil & Gas E&P

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).

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Arrow Exploration Corp > Nice strong finish

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Comment by TheRock07on Feb 22, 2014 10:21am

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Post# 22238001

RE:Nice strong finish

Indeed it was.
Should be news coming pretty soon on reserves update and recent Cardium drill results.

High natural gas prices might stimulate more investment into gas wells currently shut in and/or neglected to natural declines.

They are quite comfortable with their balance sheet now, but with much higher prices they could see some gas assets and redeem one of the two CDs.

I dont think that will happen, but whoi knows....

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