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Arrow Exploration Corp 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

Bullboard Posts
Post by Cologuyon Oct 26, 2018 11:16am
228 Views
Post# 28877788

Top heavy?

Top heavy?What concerns me is that they have a CEO, Executive Chair, CFO, numerous VPs and other executive positions and have only 1,500 bopd of production at the moment.  They have built themselves like Pacific Rubiales but haven't yet got the means in place to ensure that the press release (release at 7 am yesterday) is up on their website as of yet.  Is this a case of too many admirals and not enough sailors? (note: I did think of using another analogy, but it would have been somewhat culturally insensitive) It is often the little things that count, and if they aren't looking after those things, I always wonder if there is any control of the big stuff.

Bullboard Posts