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Arrow Exploration Corp 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

Bullboard Posts
Post by cigarbuttson Sep 17, 2017 1:37pm
155 Views
Post# 26706630

Mike49

Mike49You also have to remember to look back and see that the Donnycreek/DeVenta boys were also the Donnybrook/Donnycreek boys.     JUst take a look at the spinoff of Donnybook assets into Donnycreek and the resulting shareholder litigation and settlement..

Then realize that Donnycreek then purchased a slug of land from DeVenta at a substantial mark-up from the price DeVenta paid at the Alberta Crown land sale,  and that it was a less than arms lenght transaction,   and that the drilling on that land at Wapiti turned up a few puffs and farts of dry cooked gas........etc..........you have not looked at the whole story my fellow investor.

Bruce M and myself liked Stonehaven because it had cash and the Bigstone assets,  but your friends running Front Range today did not purchase much of SE at the big disount to cash and did not sell the Bigstone asset to DEE when they could have got decent money for it and just liquidated the wole show for a nice profit.    They sat around for months and months and quarter after quarter just collecting pay.    

A little more DD on the part of yourself and others who bought into this last reincarnation of DonnyBrook would have revealed a little more about the character and morals of the kind of people you are dealing with here. 
Bullboard Posts