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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

Comment by midtown1on Sep 16, 2013 5:09pm
354 Views
Post# 21743945

RE:ANYBODY ATTEND AGM

RE:ANYBODY ATTEND AGMYeah. I did. That being said. These stocks should be worth more than .175. They still have 80+ drill locations in Cardium and are the lowest cost/highest productive per well driller in the formation. A year end report should sum up their position and plans after the close of this sale. I wonder what they will do with the 20 million in left over cash, and *How these sales and higher producing slic frac's affect the reserves. * = Question I asked personally. GLTA.
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