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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 fagiani24on May 04, 2015 3:13pm
45 Views
Post# 23692199

RE:RE:RE:Value

RE:RE:RE:ValueWay to many variables. If you bought at 20 cents and you have already lost 70 percents then I'd stick it out. If you bought and. 7 cents and you have better investments then it's your call. If oil was headed to 90 bucks I'd stick it out, if oil stays at 58 bucks and drilling doesn't start could be trouble. It's impossible for anyone to predict this one with oil prices so low and no words on debt repayment.
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