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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 gamer007on Mar 21, 2022 3:56pm
93 Views
Post# 34532406

RE:RE:Investment Thesis still intact !

RE:RE:Investment Thesis still intact !Mickey.................my projected cash flow model is leaning to the conservative side..........in case of delays etc.....

......it is just a forward looking template......for perpective on where we are going........I hope your numbers are realiized of course !

Marshall Abott based his modelling on $65 dollar Brent ...........i am using $80.............and the market is now 100 -115................which most likely will not be sustainable ........who knows?

At the 10,000 boe/day mark............Marchall  Abott stated his intent to possibly put a dividend out, back to shareholder........... 20 to 30 cents annually would be something to look forward to.

As Wayne Gretsky once put it so well..............my success is about not going to where the puck is, but where the puck is going to be !

Near term we will still be sucking up old paper in the twenties, till those grinding their teeth are done..............this is what I have been told !

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