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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 nlr2on May 28, 2014 12:25am
322 Views
Post# 22603932

LTS East Pembina

LTS East PembinaLightstream is marketing a fairly significant East Pembina Cardium package through RBC Rundle. I'm curious to see who the buyer is and what the metrics are. It would be great if AXL could snag it but this is doubtful since they just finished unloading farrier and garrington. Whatever the package goes for AXL's cardium lands should be valued higher as they are superior. The exact size of AXL's Willesden Green land package is 9.75 net sections according to the AIF, which is not great, but will do for the next year or two till they can hopefully get the share price up and add more, or find a section here and there in the interim.
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