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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 Sep 22, 2014 8:46pm
177 Views
Post# 22960552

Bullish or what?

Bullish or what?I think this stock is in a very bullish trend right now, two days of very negative stock market, oil price have been going down since June, most oil companies are down and AXL's shares dropped 20% this morning and recovered almost immediately. Very very impressive! So $0.29 or so seem to be the new floor. Thanks to the new deep pockets purchasing @ the new floor. All we need now is good positive updates in mid October and we are off to new floor level next, i think the next new level will be low forties. Again thank you to the new buyers, today was the proof that Mr.Market is no longer ignoring this compelling story. Just my two bits of common sense. regards, Fearlessgg
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