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.

TSXV:AXL - Post by User

Arrow Exploration Corp > oil price and net backs

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Comment by gamer007on Mar 02, 2022 9:09am

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Post# 34474345

RE:oil price and net backs

As of this morning............we are free cashflowing at $100 canadian funds..........

According to some analysts..........based on current inventory drawdowns............show price of $105 brent as being fair value.............any disruptions from Russia which produces 10 % of global production............or 10 million boe per day...........just ups the spec price !

Demand destruction is projected to set in at about $130...........which may start denting ecoonomic growth.............even long term 80 to 90.............on peacetalks would still be very juicy to AXL's bottom line going forward..........it's all about timing..........stars are lined up !

GLTA

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