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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 > Upcoming drill results
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Comment by EagleHasLandedon Jan 17, 2023 3:16pm
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Post# 35228864

RE:RE:RE:RE:RE:RE:RE:Upcoming drill results

RE:RE:RE:RE:RE:RE:RE:Upcoming drill results
From CFO Mcfarlane today:
 
The RCE-3 well is expected to spud on January 27.  The rig is currently being built on the pad.
The RCE-4 and RCE-5 wells will follow the RCE-3 well and then the rig will move west to Carrizales Norte.
 
Marshall Abbott (CEO) and I are currently traveling to Bogot to meet with the new President of the ANH to discuss the Oso Pardo extension.  We hope to have news of the extension soon.
 
Thank you for your interest.  Please contact Marshall or me with any other questions.
Joe McFarlane
CFO
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