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 > oil price and net backs

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Comment by gospeltraderon Mar 09, 2022 10:52am

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Post# 34499354

RE:RE:RE:RE:RE:RE:RE:RE:oil price and net backs

We'll probably see an average volume trading day today, The next higher volume trading day will bing the sp upwards. More wells being drilled which equals more cash flow. Oil is hot. I don't blame those trying to sink their funds into the more established oil corps. It's a good strategy for the portfolio though I would be hesitant sinking funds into at the peak of a oil run. AXL has been pretty steady through thia highly fluctating market.

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