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.

TSXV:AXL - Post by User

Arrow Exploration Corp > AGM vote shows Anderson is in play

<< Previous

Bullboard Posts

Next >>

Post by 8675309Jennyon Jun 29, 2015 1:08pm

97 Views

Post# 23877473

AGM vote shows Anderson is in play

AGM vote shows how little support the company has. The best the could muster was 20% support, so now raiders know how easy it will be to turf this management. And they won't have the benefit of non delivery of proxies in a takeover, a phone call is all it takes. Some with RBC seems to have had an extra $75,000 cash around to buy the stock on Friday and today. We shall see if it continues, should they get to buying 5m shares, it may be time to move in as well.

<< Previous

Bullboard Posts

Next >>

Harris or Trump? What scenarios can the TSX expect?