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Arrow Exploration Corp V.AXL

Alternate Symbol(s):  CSTPF

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

Post by EagleHasLandedon Mar 03, 2023 11:05am
125 Views
Post# 35317519

Divided potential @ future 10000 bbls

Divided potential @ future 10000 bbls10000 bbls *$56 netback *360 days /221 mill shares = 0.91 cents or share a year

do the math!
in 2-3 years AXL could pay out .40 cents. 100000 shares equal $40000 a year! And still have money for drilling, share buybacks or buy something new.
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