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 > Haywood Securities iniates coverage of AXL !

<< Previous

Bullboard Posts

Next >>

Post by gamer007on Apr 18, 2022 12:24pm

122 Views

Post# 34610226

Haywood Securities iniates coverage of AXL !

Haywood is the first Canadian broker to initiate coverage of AXL.................

It states that AXL's EV/2P reserves are undervalued at 5.61 versus the average in it's peer group, Grand Tierra is at 11.6.......................this is based on present production only !

Reading today's market tea leaves, it seems things are going well in the field !

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario