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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).


TSXV:AXL - Post by User

Arrow Exploration Corp > From Joe
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Comment by EagleHasLandedon Dec 13, 2023 4:21pm
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Post# 35783082

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:From Joe
Question for Joe:
Do you think this will affect Oso Pardo extension? Or is an extension not a new license?
 
https://forbes.co/2023/12/12/economia-y-finanzas/colombia-y-la-transicion-energetica-los-riesgos-de-ir-en-contra-de-la-tendencia-global
Answer:
Petro has not changed his message since he was elected in Sept 2021.  No new exploration blocks are being offered for bids by the ANH.
 
Oso Pardo is an existing production license as is VMM2 where our reservoir extends on to.  This would not be considered a new exploration block.
 
Thanks
 
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