Arrow Exploration Corp T.AXL

Primary Symbol: V.AXL Alternate Symbol(s): CSTPF

Energy Oil & Gas E&P

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.

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Arrow Exploration Corp > Company response on debenture question

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Comment by 8675309Jennyon Mar 05, 2015 7:06pm

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Post# 23495463

RE:RE:Company response on debenture question

this is a possibility, however what is the basis of your belief that they will do another deal for tax pools? we know they have about 220m in tax pools left, but the cost of doing a circular and creating a numbered company AGAIN, just months after the last deal seem unlikely IMO. The last deal they packaged some properties worth 500 Boed as well. I don't see it as a likely solution, and I don't see Freehold Royalties doing it again, but who knows.

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