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Bullboard - Stock Discussion Forum Arrow Exploration Corp 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... see more

Bullboard (TSXV:AXL)

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Post by 666999on Sep 27, 2024 8:04am

$ 49 net back

Current net back is $49 Lowest onshore producer in Colombia Each well will produce 2.1M bbl - $ 52 M Well cost $ 4.1 M
Post by 666999on Sep 25, 2024 3:20am

2nd drill rig

Next year 2 drill rig - 2 wells per month, target 10-14k boed, this year exit 7-8k boed, Axl is lowest cost producer in Colombia, decline rate is very good, and wells can flow for 20+ years, mgmt is ...more  
Post by InfoIsKeyon Sep 24, 2024 8:25am

Real solid progress here now with Arrow Exp.

https://oilman.beehiiv.com/p/oilman-jim-s-letter-24-september-2024 Worth reading
Post by Rob0012on Sep 24, 2024 6:45am

And now

4th successful HZ well.  2 more to come from CN b4 moving to Chorreron for another well b4 YE.  Cash growing fast.  POO moving back up.  What else is needed?  PATIENCE!!! LOL! ...more  
Post by 666999on Sep 23, 2024 3:07am

HZ5 results 2700 Boepd

Current production is 5850 Boepd, 3 more wells till year end, 4$ M free cash flow per month, 
Post by 666999on Sep 20, 2024 9:33am

Last well results - next week

Cash 15 M $ 3 new wells till year end First horizontal produced more than 200k boe to date Reserves are valued at 270 M $, so share price should be 1 $ 
Post by 666999on Sep 20, 2024 8:02am

New ceo interview

https://m.youtube.com/watch?v=JLpT5-fdlJs
Comment by 666999on Sep 19, 2024 3:56am

RE:AXL

Look at the chart, most powerful tool, traders took profit, it was nice run up, all oil plays are down, market has retreated.... but as said results are great, net back is great, mgmt has a good plan ...more  
Post by nopooon Sep 17, 2024 12:54pm

Natural Gas certainly looks set to increase in price

Natural Gas certainly looks set to increase in price  https://aheadoftheherd.com/natural-gas-certainly-looks-set-to-increase-in-price-richard-mills/
Comment by Majeureon Sep 16, 2024 5:23pm

RE:RE:RE:AXL

Yeah I was worried about water cut more than anything but now less so as there last Update didnt show anything approximating a parabolic increase. I thought the news was better than expected but the ...more  
Comment by Rob0012on Sep 15, 2024 7:29am

RE:RE:AXL

POO was over 80$ 2 weeks ago,  and we touched 62 two days b4 the Aug29th NR about HZ4 results and Q2 financials release. HZ4 results were amazing, as the 2 previous ones,  Not the issue but ...more  
Comment by Kadiddelhopperon Sep 11, 2024 11:33am

RE:AXL

The entire Market is in froth over the Election turmoil of the USA.... just need to ride though to Nov 5th.
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