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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 hereandnow1on May 17, 2022 1:03am
55 Views
Post# 34688240

RE:RE:gamer007

RE:RE:gamer007
Great post Gamer....and your investing history....thesis......and punctuation more or less mirrors mine!.

RCE is all about operational risk and executuion. On success they will add production and hopefully some fresh 2P reserves from new sands.

Very excited about Corizzales ; That could be a very 'sweet' pool of oil.

I like the way they have mapped out the next 18 months/2 years of organic growth. i.e. some more seismics and systematically drilling out Oso pardo. I expect there will be some flexibility on the plans and the inevitable delay depending on results, permissions and kit availability.

Locked in for the journey, enjoying it so far.

Good luck to all
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