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Bullboard - Stock Discussion Forum 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... see more

TSXV:AXL - Post Discussion

Arrow Exploration Corp > Petro not to stop explorations on August 8.
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Post by EagleHasLanded on Jun 28, 2022 9:53am

Petro not to stop explorations on August 8.

According to the newspaper El Tiempo, Petro had told that newspaper as a candidate that on the first day of his government, on August 8, he would suspend the contracting of oil exploration, that is, the search for new deposits for future exploitation. But, now, he has explained that it will not be immediate.

“That is a transition, it is gradual. The word transition implies gradualness. They wanted to show that this was for August 8, no, not that. I had downvotes stemming from that belief. No, it's a transition. It is not that we stop exploring because there are about 180 exploration contracts that nobody knows if they will bear fruit or not, but there are years of exploration ahead in Colombia,” said the president-elect in an interview with Cambio magazine


https://www.infobae.com/america/colombia/2022/06/27/gustavo-petro-aclara-la-transicion-energetica-y-la-explotacion-petrolera-no-sera-desde-el-8-de-agosto/

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