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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 cyber37on Jul 03, 2022 10:49pm
107 Views
Post# 34798493

RE:RE:Oil business as usual

RE:RE:Oil business as usual Perhaps G. Petro & his minister should look back in time & see how Colombian government ‘ran-out of town’ all multinationals in the name of miss-guided communist ideology. Companies like CNE should instead be cherished & supported if this country has any chance to recover or maybe even grow. CNE should do fine if new government shows understanding of Western business dynamics rather than strangle it with nationalization or exuberate taxation.  
G37
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