Arrow Exploration Corp 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).

TSXV:AXL - Post by User

Arrow Exploration Corp > New Press Release - A. Alshinbayev Announces Acquisition of Common Shares of Arrow Exploration Corp.

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Comment by Rob0012on May 09, 2024 11:56am

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Post# 36031349

RE:RE:RE:RE:New Press Release - A. Alshinbayev Announces Acquisition of Common Shares of Arrow Exploration Corp.

Exactly. And don't formation that they trippled their investment in bit more than 2 years. They always considered their cash in Axl as an investment. Plus their financial challenges... they didn't dumping their shares, since all of these we're take up on one day where Axl openede at 22p, touched 18.5 for one trade, and climbed back up to close th day at 23.5. Since then, 2 not so good nrs to discourage some more travers to bring it back down to 19. At 19.25 yesterday. With yesterday pm annoucement it's back up 1.15p at 20.40. All transactions we're good for us, don't worry!
Rob

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