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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 fagiani24on Feb 18, 2015 4:38pm
139 Views
Post# 23441119

My phone call to Anderson

My phone call to AndersonToday I took the time to call and speak to someone at Anderson. It all made sense and I'm satisfied with their answers. Drilling stopped due to oil prices "why would we drill and give it away". Also discussed the Freehold takeover and how the funds were divided between the 2 Anderson divisions. The quarter report will be out 3rd week of March and it looks very promising. Hey Jenny go pound hay someplace.
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