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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 drunk@noonon Jan 05, 2024 9:45am
200 Views
Post# 35812163

unfortunately the oso pardo wells are a disaster.

unfortunately the oso pardo wells are a disaster.In their summartion. Broken pipe has halted one well. And now with the latest pair they have talked about damaging the resevior with their drilling. Tapir is great put they only own 50% and the acerage is small
Oso pardo is part of a mich larger block where they own 100%  Need to prove up some reserves and they are doing the opposite with this dismal failure at oso pardo. 
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