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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 StompinTomon Feb 05, 2015 10:54am
77 Views
Post# 23399082

RE:RE:RE:RE:Two new wells IP30 854 BOED - see presentation

RE:RE:RE:RE:Two new wells IP30 854 BOED - see presentationI am long this because, despite the outstanding debentures, its capitalization structure is now relatively healthy compared to many in the patch.    Would like to see some headway on retiring that debt but Jenny's production guidance seems realistic.  However, hope is a bad investment strategy.  This is a speculation.
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