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.

TSXV:AXL - Post by User

Arrow Exploration Corp

Bullboard Posts

Comment by bigguy6on Jan 29, 2011 5:12pm

332 Views

Post# 18045881

RE: RE: RE: todays pop

Agree! No way SP increase is due to egypt. Much better oil levered names out there that haven't movbed as much.

Volumes noticeably up last while . Guessing somethings up. Maybe more good news form Carium? Then again my PDP got taken out by GTE couple weeks back and started trading very much like AXL is now. Then last couple days before news release it really zoomed.

With a book value over $2....we're a very attractive little take out for some other larger operator with deep pockets. Insiders are also still sitting tight and selling nothing.

Bullboard Posts

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