Arrow Exploration Corp V.AXL

Alternate Symbol(s): CSTPF

Energy Oil & Gas E&P

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).

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Arrow Exploration Corp > Still a TOTAL no brainer !!!!!!!

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Comment by goldboyz2on Apr 18, 2022 3:53pm

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Post# 34611132

RE:Still a TOTAL no brainer !!!!!!!

We will see if AXL management can meet their deadline of beggining of May to spud RCE 1 or miss another one.

RCE 2 production testing should start very soon

With RCE 2 almost done and with RCE 1 spudding early May

What are you anticipaiting the Sp to be over the next 3 weeks ?

GB

gamer007 wrote: This was my thesis back last October and still is................just sipping my margarita !!!

Drilling should be done and hole casing complete in next week !

At these huge netbacks............$2.5 mil well payback 3 to 4 months

Sweet !