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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

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Post by EagleHasLanded on Jul 13, 2023 10:12am

CN-2 news

The plan is to send out a news release once the well is on production.  The news release is expected mid next week.
 
Thanks
Joe
Comment by EagleHasLanded on Jul 13, 2023 1:18pm
The CN-2 well has been drilled on schedule.  We have not experienced any major delays or problems with the drilling or testing process.   Our plan is to have one press release per well going forward, rather than 3 or more separate press releases for reaching target depth, testing and putting the well on production.    Hope that helps.   Thanks Joe
Comment by lutefish on Jul 13, 2023 2:53pm
Many thanks Eagle Also hoping for a happy landing ! Eddie the Eagle (film) - Wikipedia
Comment by Rob0012 on Jul 15, 2023 6:19am
...and the reason for the change in communication strategy (where we used to get a PR about TD, testing results, etc)? "Our NOMAD, Canaccord, recommended the change.  When Arrow was a smaller company, the TD or a well and the tests were much more material to the share price.  Now that Arrow is a larger company those events are not as material." - Joe Rob  
Comment by Kadiddelhopper on Jul 15, 2023 9:19am
NOMAD ? what is the meaning, ...please ...& thanx !
Comment by lutefish on Jul 15, 2023 4:04pm
Nominated Advisor (NOMAD): What it is, Qualifications (investopedia.com)
Comment by Kadiddelhopper on Jul 15, 2023 5:21pm
Thanks, appreciated.
Comment by Rob0012 on Jul 16, 2023 5:22pm
ANd when you get Canaccord Genuity as NOMAD, it should tell you a lot on where Arrow is headed!  In the major leagues! Cheers! Rob
Comment by EagleHasLanded on Jul 17, 2023 7:16am
If not today, share price should be moving up later this week as CN-2 news will be out. As this test seems to be longer than expected there is a chance of extra formations found. Good luck, not that we need it though
Comment by EagleHasLanded on Jul 19, 2023 12:51pm
Currently it is not clear when the press release will come out.  We try to avoid Friday press releases.  Potentially it could be Monday morning.   Thanks Joe
Comment by lutefish on Jul 19, 2023 1:33pm
Why not  try a thursday  ?????