Arrow Exploration Corp T.AXL

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

Energy Oil & Gas E&P

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.

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Arrow Exploration Corp > 9 billion shares @.005 makes AXL market cap 45 millions

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Comment by frannymcon Feb 08, 2016 7:32pm

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Post# 24537656

RE:RE:RE:9 billion shares @.005 makes AXL market cap 45 millions

They just gave the company away for less than the amount of annual revenue and dilluted the assets the process. The fair valuation for this company has to be close to $200 mil why did they basically give it to a group of people for less than what was deserved - does not seem like they have the shareholders in mind here at all and are therefore liable for their actions.

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