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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

Post by olderswanon Oct 17, 2012 10:25am
344 Views
Post# 20492888

Technical Analysis

Technical Analysis

I was asked to post this, not a shreholder but another here is and I have provided them entry and exit points in the past.  Just a quick note my system relies upon volume validating price, nothing more and nothing less. 

 

Target Price .47

Entry Price .42

 

So what this means if you are not a current investor and are looking for an entry point you would wait for .42 to be taken out with the required volume (which is not calculable at this time) .  If the volume does come in the target is .47 .

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