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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

Comment by Kadiddelhopperon Jun 26, 2023 4:38pm
44 Views
Post# 35515159

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News from CFO

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News from CFO Having a lot of AXL and am concerned about exposure esp. hearing there are 57 million Warrants. How do I determine what these warrant terms are, and the effect on the present value of the shares, should they be in fact exercised.?.. My ACB is at the money barely right now...so how vulnerable am I?  further... are the exercise terms staged-in in tranches, or will it be one fell swoop on one specific day ... and likely when ? What precipates a sudden exercise of Warrants in cases like this.....? I am assuming hopefully correctly, that it would be Good News?!


 Call me naive... and easily excitable. Luvin the story and the exploratory results thus far, but 57 million has me anxious. If anyone can shed some light on what is likely to occur, that would be beneficial and appreciated. Y'all seem like good guyz in here and Joe is good on the news feed     Thanks,  Ron
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