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 9:05am

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Post# 21745022

200 DMA = $0.19...Gearing for a Potentially Powerful Move

.AXL on TSX...News in of a $82 Million Asset Sale...Ready to Double. No Debt ! Solid Oil Production 66% of existing Production Retained. Crazy Cheap...MM Tried to keep it below 200 DMA Yesterday to accumulate...Going to Blow Past Today in Grand Fashion

The properties to be sold represent approximately 34% of the Company's 2013 second quarter BOED production,approximately 1,000 BOED (65% oil & NGL) for 82 millions$.

They still have 66% of the production ( about 2000 BOED) for a value of 160 millions......? with no debt now!!!

What now the value of Anderson Energy with 2000 BOED...2x what it is Now Trading for