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 > T.A. looking good

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Comment by Troyahorseon May 23, 2015 11:33am

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Post# 23757319

RE:RE:RE:RE:RE:T.A. looking good

@stompintom:

Great information but what kind of cash would they get if they sell these assets? Would that be enough to cover the Jan 2016 DB.?
What maybe about $50 to 75000 per FWB x 275 BBD maybe around $20 million ? Do you have a guesstimate
tks

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