Arrow Exploration (AXL.V) bought 100% working interest in an oil producing property in the Thorsby area of Central Alberta Canada for C$12.15 million, it said in a statement on Friday.
Shares of the company were last seen down 3.8% at C$0.51 on the TSX Venture Exchange.
Price: $0.51, Change: $-0.03, Percent Change: -4.72%