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 > AXL Happy Friday

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Post by goldboyz2on Mar 11, 2022 11:56am

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Post# 34506862

AXL Happy Friday

453 bbl/s oil production from Colombian portfolio
868 boe/d gas production from Canadian portfolio
Based on prevailing Brent Crude oil prices, Arrow expects its Colombian oil assets to generate approximately US$450,000 in cash flow in January 2022, prior to G&A expenses.

Based on prevailing AECO natural gas prices Arrow expects West Pepper to generate approximately US$298,000 in cash flow in January 2022

Q1 should give some nice insight on company operations, making over 750k in revenue a month with current oil pricing. Crude oil prices were avg of $80 in january and $90-100 in feb and march

should be doing roughly $1,000,000 month easily

Lets get these drills turning !!

GB