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.

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Arrow Exploration Corp

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Post by midtown1on Oct 17, 2012 10:51am

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Post# 20493071

Exxon Buys Celtic

Exxon Mobil, the worlds largest player (by a long shot) bought Celtic Exploration at a 35% premium not including the 1/2 share per common share in a new company the share holders will recieve. Celtic is a natural gas play by Exxon. You know if they are spending several billion today on Nat gas that Nat gas is the play.

35% premium doesn't sound that great but looking at their chart you will see that their S.P today is right up at the 5 year high.

Recommendation: Buy AXL.

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How one company is disrupting PoC testing