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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 ramman1on Sep 10, 2014 9:13am
284 Views
Post# 22922504

Good ole boys ?

Good ole boys ?  In the second quarter report, you will see the company say ''  We continue to use
   the same rig and drilling team for drilling, as in the past''

       This of course ,could have and should have advantages,knowing they are
  available and can move from target to target.

       I am aprehensive though.  AXL in my opinion has always been ''one step behind''
    in technology relating to fracing & drilling strategy.

     Who are these guys drilling  and are they ''best of breed'' in technology , or a bunch
       of good ole boys hanging out on tailgates.

       Because they work cheap , and quickly , does not raise my eyebrows

    
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