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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 Rob0012on Apr 21, 2022 6:41am
111 Views
Post# 34619219

RE:RE:RE:RE:Auctus update from today

RE:RE:RE:RE:Auctus update from todayArden and Auctus have been very conservative in their reports and targetted SP.  They're supportice of AXL since 8 pences and below...it's now 15...and projecting 45.  I'm very excited with all's going on in Colombia...but the freakin elections!  All Co investors from that country are on the edge.  I don't know one O & G play from Columbia that is not under SP pressure because of Petro's intentions.  Cautioness is necessary.  Next positive NR will probably see $0.30Cdn becoming a huge wall to surpass.  Then May 29th will be the date we have a clearer picture of who will be at the helm in Columibia....
GLTA!
Rob
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