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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 Rob0012on Feb 23, 2022 7:45am
101 Views
Post# 34452939

RE:AXL Operational Update

RE:AXL Operational UpdateTo me, management is playing that one perfectly until now.  I can understand your impatience GB but just consider that one as a holding rather than a pure spec play.  These guys have executed all thay've said in last October, with a couple week delay.  That is a solid accomplishment.  Meanwhile, SP climbed from 10-12 to current 21-23...geez!!! give it a chance!!!  I think many juniors burn themselves wanting to go too fast when commodity prices rise,  Arrow is not that kind of business anymore.  Building long and strong.
BuyAndHold
Rob
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