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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 mike49on Jun 08, 2018 11:49am
256 Views
Post# 28146200

Well,well,well....

Well,well,well....If the placement price holds,after consolidation this should net a double off of six cents.
Surprised the old guard went out with basically their equity.
New company looks promising and good to see existing production.have to brush up on the Spanish.maybe Otto knows something about this.
Onward
P.s.-this was a deal oronova could have had.makes you wonder about connections sometimes.....
Good fortunes all
Bullboard Posts