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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

Comment by investoil9on Aug 12, 2014 10:09am
313 Views
Post# 22831782

RE:RE:If

RE:RE:If1. Cardium can be valued much higher than that; use $60,000 BOE as conservative. 2. AXL has 365MM of Tax Pools; depending on the pockets that buy them, this is accretive in what you have outlayed. 3. Success of their Long Reach Wells. All Factors, I can see a value north of $0.75/share. This is my opinion. Q2 I believe is released this week as well; better idea then on progress and CF. Kind Regards
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