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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

Post by 8675309Jennyon May 28, 2015 10:24am
90 Views
Post# 23773610

Play is on the Debentures

Play is on the DebenturesWhere else can you buy a company with 3000 boe/d for 50m dollars? With cash too. Because if you can buy all the debentures for 50c on the dollar, (Accumen is buying again and GMP was buying earlier), they plan to take the company .... get rid of the dream team, and shareholders will get NOTHING. Someone on the Board of Directors better get with it, and find a buyer for the company, before it gets stolen from the debenture holders
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