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Arrow Exploration Corp T.AXL


Primary Symbol: V.AXL Alternate Symbol(s):  CSTPF

Arrow Exploration Corp. is a junior oil and gas company engaged in the acquisition, exploration and development of oil and gas properties in Colombia and Western Canada. The Company operates in Colombia via a branch of its wholly owned subsidiary Carrao Energy S.A., with a portfolio of Colombian oil assets that are underexploited and under-explored. It focuses on expanding oil production from Colombia's active basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo Basin. Its assets include Tapir Block, Santa Isabel (Oso Pardo), Capella Field, Pepper, and Fir. The Company owns a 50% working interest (WI) in Tapir Block with approximately 65,154 gross acres (32,577 acres net). The Oso Pardo Field is located in the Santa Isabel Block in the MMV Basin. Its 10% interest in the Ombu Block contains the Capella discovery. The Company holds a 100% operated WI in 37 sections of Montney P&NG rights on its Pepper asset in West Central Alberta.


TSXV:AXL - Post by User

Comment by nlr2on Sep 11, 2014 12:12am
181 Views
Post# 22925765

RE:Good ole boys ?

RE:Good ole boys ?It doesn't really matter what rig they use. If they like the Ensign rig they have had contracted for the last few years and the crew is decent and the price is right the end result will be the same as any other contractor. I would say they are decent as far as their technology. They haven't developed any new innovations, like slickwater fracs. They did however adopt slickwater, started using dissolvable frac balls and have invested in mapping out the best well pathing. Really they are using the same ideas as probably 90% of the other companies and financially thats the best course of action. "Leading edge, not bleeding edge" is the best thing to remember for oilfield technology.
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