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Arrow Exploration Corp T.AXL


Primary Symbol: V.AXL Alternate Symbol(s):  CSTPF

Arrow Exploration Corp. is a junior oil and gas company engaged in the acquisition, exploration and development of oil and gas properties in Colombia and Western Canada. The Company operates in Colombia via a branch of its wholly owned subsidiary Carrao Energy S.A., with a portfolio of Colombian oil assets that are underexploited and under-explored. It focuses on expanding oil production from Colombia's active basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo Basin. Its assets include Tapir Block, Santa Isabel (Oso Pardo), Capella Field, Pepper, and Fir. The Company owns a 50% working interest (WI) in Tapir Block with approximately 65,154 gross acres (32,577 acres net). The Oso Pardo Field is located in the Santa Isabel Block in the MMV Basin. Its 10% interest in the Ombu Block contains the Capella discovery. The Company holds a 100% operated WI in 37 sections of Montney P&NG rights on its Pepper asset in West Central Alberta.


TSXV:AXL - Post by User

Post by fearlessggg1962on Mar 31, 2014 3:44pm
375 Views
Post# 22391850

Firing on all cylinders

Firing on all cylindersTheRock07, Obviously from reading your last posts here today, you are starting to review the Y/E financial and doing a little DD. As you know there is two wells above the 700 boepd and I think they are onto something here and I agree by extending the horizontal well we will see higher production and lower costs. Also they moved the payback on these wells from a 1.5 year to a One year. they had already the quickest payback in the industry and they improved it by another 33percent. Anyhow, I am not in a position to comment a whole lot yet because I have not reviewed the Financials but at a glance, I have to say this little company is firing on all cylinders! Good Job Brian Dau! Regards, Fearlessgg
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