Public market insider buying at Arrow Exploration (AXL)

Public market insider buying at Arrow Exploration (V:AXL)

Bruce McDonald, CEO and Director, acquired 340,000 Common Shares on a direct ownership basis at prices ranging from $0.290 to $0.305 between May 3rd, 2019 and May 8th, 2019. This represents a $101,602 investment into the company's shares and an account share holdings change of 12.5%.

Eric Lee Van Enk, a Senior Officer, acquired 300,000 Common Shares on a direct ownership basis at prices ranging from $0.285 to $0.290 between May 7th, 2019 and May 8th, 2019. This represents a $85,875 investment into the company's shares and an account share holdings change of greater than 100%.

John Edward Newman, a Senior Officer, acquired 65,000 Common Shares on a direct ownership basis at a price of $0.300 on May 6th, 2019. This represents a $19,500 investment into the company's shares and an account share holdings change of 6.1%.

Arrow Exploration is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Arrow Exploration Corp, formerly known as Front Range Resources Ltd, is a Canada-based Oil and Gas exploration and production company. The Company has petroleum and natural gas (P&NG) interests in Alberta, Canada. The Company holds approximately 20 gross sections (9.1 net sections) of P&NG rights at Bigstone, Fir and Wilson Creek, located in Alberta. The Company has approximately three gross (net 1.25) operated horizontal Montney natural gas wells at Bigstone. The Company has an average non-operated over 30% working interest in approximately 10 gross (net 4.24) natural gas wells at Fir. Stonehaven has over 10 gross (4.1 net) sections of P&NG rights at Fir. The Company has approximately three gross (1.5 net) sections of P&NG rights at Wilson Creek. It has approximately eight gross (net 3.5) sections of P&NG rights in the Montney formation. Its horizontal Belly River oil well prospects include 100/11-32-042-04W5, 102/1-04-043-04W5, 02/13-17-42-3 W5M and 02/01-17-42-3 W5M.