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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 8675309Jennyon Feb 13, 2015 12:44pm
87 Views
Post# 23427374

Will take about 30m shares to oust the Board and Management

Will take about 30m shares to oust the Board and Management
that is based on the most recent voting, which was about 29m shares on the most recenent reorganization that happened in January. One should be able to buy most of these shares in the open market, below 15c, and count on at least another 10m shares from people fed up. So it will take less than 3m dollars to wrestle control away from this gang, oust them and their salaries, and get someone interested in running the company. 3m dollars to take control of 220m in tax pools ... I like those numbers. The one thing you can count on, is zero buying from any insider, hopefully the company is still intact by then.
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