TSX: AXL       Arrow Exploration Corp
Last Price Today's Change   Day's Range   Trading Volume
0.175   +0.005 (2.94%)  0.17 - 0.18  18,961


Avg Volume (4 weeks):0
52 Weeks Range:0.17 - 0.50
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Anderson Energy Inc. is a resource-based oil and gas development company. The Company acquires, develops and produces conventional oil and natural gas reserves. Its property includes the greater Willesden Green area, proximal to the West Pembina and Buck Lake fields. Willesden Green operations cover the 038-05W5 area approximately 130 kilometers northwest of Calgary, Alberta, to the 044-08W5 area less than 120 kilometers southwest of Edmonton, Alberta. The Willesden Green area consists of 16,153 gross acres of undeveloped land. It has an interest in 66 gross oil wells and 170 gross natural gas wells, which are producing or capable of production in the Willesden Green area. The Company is focused on drilling horizontal wells in the Cardium, Glauconite and Belly River formations that are stimulated with multi-stage fracture technology (frac or fracing) and the Company has identified 71 net locations in the Cardium, Glauconite and Belly River formations.

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