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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

Post by gamer007on Jan 19, 2022 11:50am
136 Views
Post# 34333009

IR update !

IR update !Spoke with IR...........................everything is going according to plan..................getting the logistics of the Columbian drilling program organized.

Very pleased with how Pepper West is producing now for over a month.........gas prices super !
Tie-in of Pepper East logistics being worked out !

News flow to start soon with a couple of material announcements.................followed by 2021 year end report..............

Re: discussion of papework of Tapir consignment.................he stated there was absolutely no concern on that front................RCE - 1 well that is producing is revenue split 50/50 with Ecopetrol -  no hickups................clarity around the issue will be provided to shareholders forthcoming

Company participation in conferences to start this spring as well..............corporate development timing is perfect................with 7 year highs in oil and gas prices..............annual free cash flow in the next 12 months could hit close to our present market cap !

Clear sailing !!!!!


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