Arrow Exploration Corp 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 > Look at oil price!!!

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Comment by cyber37on May 26, 2022 1:53pm

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Post# 34709730

RE:RE:RE:Look at oil price!!!

Agree, AXL makes all the right moves; but 8 out of 10 times stock will fill gaps created by silly overly exuberant ‘investors’. High of 23 cents on May 17 was followed with low of 25 cents on May 18. A gap of 2 cents was created; which is significant for a trading range of 20 to 25 cents - ~10%. Parasitic day traders & algorithmic computer trading will look for anomalies like that as an opportunity.
However; huge volume following the gap may work in AXL favor.....we will see.
G37

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