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 > Reality check

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Post by Rob0012on Nov 29, 2022 5:54am

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Post# 35135831

Reality check

Well, it seems not all shareholders had seen the last CEO interviews. Market hates delays of any sort. We'll have to wait till the new year for Arrow to reach the famous 3,000 BOED target. Declines at East Pepper was also much harder than anticipated...so the current total average daily production of rougly 2000 BOED vs the not too long ago announced 2500. With the decline in price of Brent and not too clear tax impacts in Columbia, we might uffer a bit of decline in our SP as well.
Might be time for a bit of profet taking for me.
Cheers!
Rob

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle