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 > Where will the money come from to grow production?

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Comment by ramblersreston Sep 17, 2013 10:41am

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RE:Where will the money come from to grow production?

They got 82 mil $ for a third of the company ........another third would cover the debentures leaving 82 million plus the 25 mil cash that will be on the books ........over 100 million value left over on a market cap of 30 million .......company is very solid , drilling commitments are up to date .....Share Price way below reality .......big catch up due here soon .....

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