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 > Auctus update from today

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Comment by goldboyz2on Apr 20, 2022 6:04pm

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Post# 34618279

RE:RE:RE:Auctus update from today

Hmmmm That makes sense Rob0012

AXL is suppose to drill 3-4 wells from April 2 until Q4.

AXL is already producing over 400bbl/d of oil right now

if they only drill 3 wells and produce 360 bpd off each well would put us around 1500 bbl/d

If they drill 4 wells that should be closer to 2000 bbl/d based on the 360 bbl/d minimum the company has predicted.

Cementing completed today

Lets get the testing going ! 500+ bpd net to arrow is my target

GB