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Arrow Exploration Corp CSTPF


Primary Symbol: V.AXL

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

Post by drunk@noonon Mar 26, 2024 8:23am
91 Views
Post# 35952500

re canaccord:I am talking about a captial raise, something

re canaccord:I am talking about a captial raise, somethingdilutive, i.e a private placement/public offering and the share price over the last couple of days on top of companies comments about a special commitee evaluation possible aquisiontiions of additional properties, which woujld of course require funds. This would F those of us shareholders who are valuing a share price jump based on the metrics of 6000 boepd of oil once a few of these horizontals are drilled. An aquisistion of additional property brings risk, whithout pro rata production from existing operation.
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