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

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Post by perdikaoilgason Apr 01, 2015 3:22am

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Post# 23585250

Same Production - No Debt

Those folks who want to see another nat gas weighted company with the same production like AXL but very low debt, they can check QXP.V (Quattro)

QXP.V is a new producer, produces approximately 2,000 boepd (~65% nat gas) and the Net Debt to EBITDA and Net Debt to FFO are very very low.

QXP.V has insiders ownership at 30%.

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Advancing flagship Ishkõday Gold Project in Ontario