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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 ramman1on Nov 19, 2014 8:31pm
389 Views
Post# 23146143

heading to zero

heading to zeroFolks , it's hard to believe ,but this thing is sinking fast. (1) Does the stronger NG prices help, one would think so , but the guys running this outfit leave them stranded. Either sell them or develope them. Read the last three quarter reports , they can't decide due to thier incompetence (2) These guys running this outfit just will not buy shares, they must KNOW thier own incompetence. (3) They profess to have 500 boed from new wells , but they don't tell you about the highest drawn down rates in the industry. Many wells are at less than 100 boed within months. No other company will buy this thing now. Wait for it go to .10 c and pay 25% to that moving average. Sorry guys but i'm this thing with you. A company that should be worth .60 is being run to the ground by these characters.
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