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 > News from CFO

<< Previous

Bullboard Posts

Next >>

Post by EagleHasLandedon May 15, 2023 10:13am

155 Views

Post# 35448098

News from CFO

Thank you. We are very pleased with the CN-1 discovery and hope to learn about the separate formations during the production testing which is planned take place over the next few weeks.

We do plan to have an interview with Proactive.

At this time we have not seen any evidence of the Mirador formation on the Tapir block, however, our new 3D prospects may show Mirador opportunity.

After production testing we will have a much better idea of the capability of this well and follow ups.

Thanks
Joe

<< Previous

Bullboard Posts

Next >>

Odd Burger to add 40 locations in Florida