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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 Rob0012on May 18, 2024 8:25am
122 Views
Post# 36047062

Very exciting time!

Very exciting time!Wow, only 4 weeks before we hear a bout the production rate of our first HZ well!  I expect SP to rise nicely until then and, if successful, which MA seems so confiedent, our SP will explode!  With this first HZ well, market will be in a better position to understand what 3 more of those will bring tou our bottom line!  Then a bit of low risk exploration drilling (MA says 90% chance of success!), to finish the year with more HZ wells.  Transformative for the company?  You bet!!!!  1$ by year end!
GLTA
Rob
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