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Arrow Exploration Corp T.AXL


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

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

Comment by nlr2on Sep 11, 2014 12:12am
179 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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