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 > From Auctus Advisors' report

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Comment by gamer007on Jan 06, 2022 11:38am

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Post# 34289235

RE:RE:RE:From Auctus Advisors' report

Yes Rob...........VMM-2 is the extension block to the east and was being relinquished by another party...........once that is complete.............VMM-2 can be re-licenced to AXL...........Marshall Abbott said that he was going to Bogota in December to visit the Miinistry with respect to achieving this !

It is significant in that it has serious 3-D seismic that indicates the volume of the oil pool that Auctus stated, and way shallower that the Tapir, 3000 feet versus 10,000..............so half the drilling cost at least !!

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