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 GPRFANon Oct 18, 2011 12:07pm

327 Views

Post# 19159428

RE: Looks Like!

This stock is trading at 4.4444 P/E. That is extremely low even by today's standards. I saw an analyst report (can't find it now) a few months ago stating that their next earnings were going to be much higher mainly due to its recent foray into the oil sector. I think the Anonymous selling is due to the fact that some fund is no longer allowed to hold this stock since it was dropped from the TSX.

This is an incredible buy at this this price. I'm interested to see this company's next set of financial results.

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