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 > NG $9.17

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Comment by goldboyz2on May 25, 2022 11:30am

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Post# 34706429

RE:RE:NG $9.17

Yes EHL, the company CEO has stated that they have been in talks with a potential company to farm out the Alberta NG land package or to sell it outright. Below is from the April 4th NR. Also the company CEO has stated in a past interview they have been looking to either sell the NG assest outright or farm out.

2022 Corporate Outlook: Canada

East Pepper (Arrow 100% WI)

Arrow is in discussions with a leading Canadian natural-gas producer on potentially tying the East Pepper well into their pipeline and facilities infrastructure. Discussions are continuing, and Arrow expects to make a future announcement with regards to the potential timing and costs associated with tying-in the East Pepper well.

GB