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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

Post by fearlessggg1962on Dec 06, 2013 3:09pm
303 Views
Post# 21980284

Value

ValueBook value as of September 30 is $0.18 but it is difficult to pin point exactly. Year end financial statement will be much clearer as all of the selling and divesting will be fully reflected. Intrinsic and fundamental value of this company is much higher but Mr. Market is in control of that. That is why my projected value in a year from now is so conservative, I have no control over Mr. Market but I would love to see the market recognize inherent value of this little company.
Regards
Fearless

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