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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

Comment by goldboyz2on Nov 10, 2021 12:29am
80 Views
Post# 34108172

RE:Extremely bullish!

RE:Extremely bullish!Nice presentation, pretty solid business plan and it appears the team is out to really turn this company around. West pepper tie in should be dony by Dec 15th, Company appears to be debating selling it off once stable production to dump into Columbia. 

Lots of drilling for the year, Nice cash position with upside with current work progress/upgrades. 

If Oil continues to make a steady climb upwards could very well be setting this company to make some great progress this year if they can hit expected production targets on their wells or even higher if all goes great. 

Oil prices could climb and im sure AXL will expand expectations. Great opportunity for oil sector the ne AXL team seems up to the challange..... looking forward to the next update. 


GB
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