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Arrow Exploration Corp T.AXL


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

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

Bullboard Posts
Post by bigguy6on May 26, 2011 9:11am
186 Views
Post# 18627494

1,000,000 Insider Shares

1,000,000 Insider Shares

..were bought by Anderson chief over last several days.  Guess buddy's figuring AXL looks to be good value at these prices ...and given book value well over current SP...represents strong take-out candidate. 

 
 

"Anderson Energy Ltd. (AXL)

As of May 25th, 2011
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
May 25/11 May 25/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 8,500 $1.010
May 25/11 May 25/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 244,500 $1.000
May 25/11 May 25/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 157,500
.990
May 25/11 May 25/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 259,500
.980
May 25/11 May 25/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 157,000
.970
May 25/11 May 25/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 10,500
.960
May 25/11 May 25/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 22,500
.950
May 25/11 May 20/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 33,000
.990
May 25/11 May 20/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 51,500
.980
May 25/11 May 20/11 Anderson, James c Direct Ownership Common Shares 10 - Acquisition in the public market 55,500
.970 "
 
Bullboard Posts