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).

TSXV:AXL - Post by User

Arrow Exploration Corp > Question From The Nr Today

<< Previous

Bullboard Posts

Next >>

Comment by Mickey2on Apr 20, 2022 8:44am

66 Views

Post# 34615782

RE:Question From The Nr Today

I dont think all 5 encountered zones will be productive...so my guess is it will not take 5 days per unproductive zone to test...i still think it will avg. about 2 weeks per well.

goldboyz2 wrote: It says " As of 14 April, the RCE-2 well was successfully drilled to a total depth of 9,674 feet (True Vertical Depth) and penetrated targeted formations at optimal structural elevations. Cumulative net pay approaches 80 feet over five separate known producing horizons

" Testing is expected to take approximately five days per zone."

Are we still looking at roughly 15 days for testing or is it 25 days now ?

GB