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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 pennydredfulon Feb 18, 2015 8:25pm
95 Views
Post# 23441780

RE:Takeover of a tiny junior - hope AXL is next

RE:Takeover of a tiny junior - hope AXL is next
Cardinal  bot  it  to  get   300M   in  tax pools   .   The  new     co.  is  raising  money  at   .25    which   after    one  factors   in   the    1  for   100    reverse   split    that   works   out    to    .0025  per  share   half    the  current   of  .005  .  There  is   still   a  ton   of   debt   there   for  the  production  they   have.
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