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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 goldboyz2on Mar 16, 2022 10:41am
56 Views
Post# 34518245

RE:RE:RE:RE:RE:RE:RE:Spoke to IR re: small delay !

RE:RE:RE:RE:RE:RE:RE:Spoke to IR re: small delay !No i just dont buy stocks high like some on here do, why buy at 19 when you can buy at 15 or lower ?

My gut told me twice not buy above 15 cents, so i bought at 13

i said if SP doesnt hold 20 cents and form a new base above 20 cents then this will drift lower

Well so far were about to drift lower until axl starts new production which is 5-6 weeks away

your dismissed go sit down


And Robb i just figured AXL would be way more aggressive on their drilling considering they have stated they have a 90% chance of hitting oil and some of there properties 

O & G prices have been 50-80% higher then their businees plan of 65/barrel

Either tie in East pepper for $1.5 million or drill an extra well, they are making extra cash so use it to create shareholder vaule imo why sit on your butt when you could be making more money. 

Since AXL has been making considerably more money then 65/barrel they could of paid for east pepper tie in already just from the money weve made from west pepper since Dec. 2021

 




GB




Mickey2 wrote: yea, GB is not at all happy...with the 2 week delay...I figure he's upset with the delay because his rent is due perhaps.



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