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 DayOfReckoningon Sep 17, 2013 11:29am

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Post# 21745638

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

You are assuming a lot. You don't know how much of the liquids production likely just went out the door.... That will likely drive the post-sale netbacks back towards $20 from $25 not to mention declines... That $24M will be eaten up in no time and wheels will continue to spin.

Why would investors bid up a company like this when we are in a bull market with $110 WTI, and there are SO many better companies out there.

Peters & Co + Anon thank you for your money ;)

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