Arrow Exploration Corp V.AXL

Alternate Symbol(s): CSTPF

Energy Oil & Gas E&P

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.

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Arrow Exploration Corp

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Comment by mike49on Sep 19, 2018 10:42pm

158 Views

Post# 28652472

RE:Arrow and Front Range Can't get the Deal done..!!!!

Well,they got the deal done but canacol has some interesting bonus payments,not to mention a bridge payment due in a short time frame.
Anyway,what's it cost to drill in Columbia these days I wonder.
First poke is all done with lender coin,near as I can tell.existing production yes,but in need of tlc,so going for broke.
risky before,risky now.
Let's see how good the machine works...
Stay safe

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