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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 ramman1on Sep 10, 2014 8:58am
259 Views
Post# 22922462

Lets get going

Lets get going
      In the second quarter report, you will note  ''   The company has an  extensive
        inventory of shallow gas  opportunities in the Edmonton area, of which the
       company has no plans for current activity. The company may develope or sell
       certain assets in the future''.

   If you are just going to sit on assets and do nothing , companies like Elk point
    and others would be interested.

   The funds can be used to accelerate the high impact ,double section horizontal
     activity , were the companies value lies.

    
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