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 BuyUrShareson Sep 17, 2013 6:10am

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Post# 21744808

Debenture Trading Very Active

Over $25 million dollars worth transacted closing price $72.

The Banks had AXL on a short leash ....but now that has all changed with this $82 Million dollar asset Sale. Now they will have Nil 0$ debt and $24 cash going forward.(not to mention even more asset sales pending) Very appealing setup for a nice J/V to enter the picture here near term.

Tables have turned....we have a Goth Story ready to develope here once agian. Thier wells are very productive with good Netbacks...and the price of NG is rising too,

Cheap shares will not last long under $0.20

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Paramount Resources signs $3.32 billion asset sale