Arrow Exploration Corp CSTPF

Primary Symbol: V.AXL

Energy Oil & Gas E&P

Arrow Exploration Corp. is a Canada-based junior oil and gas company. The Company is engaged in the acquisition, exploration and development of oil and gas properties in Colombia and in Western Canada. The Company operates through two segments: Colombia and Canada. In the Llanos Basin, the Company is engaged in the exploration, development, and production of oil within the Tapir block. Its assets include Tapir Block, Santa Isabel (Oso Pardo), and Capella Field. The Company owns a 50% interest in Tapir Block with approximately 65,154 gross acres (32,577 acres net). Its Oso Pardo Field is located in the Santa Isabel Block in the Middle Magdalena Valley (MMV) Basin. The Company also owns approximately 10% interest in the Ombu Block, which contains the Capella discovery. The Capella Field produces approximately 2,250 billion barrels per day (bbl)/d (225 bbl/d net).

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Arrow Exploration Corp > From Joe

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Comment by EagleHasLandedon Nov 24, 2023 2:47pm

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Post# 35752030

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:From Joe

Sorry I did not get back to you sooner. Very busy week here with our Q3 release out next week. RCE recovery factor for 2P is 36% Oso Pardo recover factor for 2P is 26% I spoke to Gage and Marshall about your question regarding management investing in Arrow. We believe that management already has a considerable amount invested in Arrow in both cash and time. Our holdings are public knowledge, and they represent a large amount of my personal savings. Arrow is my largest investment. At this point there are no plans to increase my investment in Arrow. Hope that helps, Thanks Joe

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