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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 EagleHasLandedon Jul 31, 2022 2:27pm
108 Views
Post# 34863231

RE:RE:RE:RE:Oil business as usual

RE:RE:RE:RE:Oil business as usual
Susana Muhamad, who will assume the portfolio of Environment starting in August, has already stated in the local press that the process of "decarbonizing the economy" will be gradual. 

 

And the appointed Minister of Finance, Jos Antonio Ocampo , has assured that, in the face of the world economic crisis, and the fiscal deficit of 22 billion pesos (more than 5 billion dollars) left by the outgoing Government, there are no other alternatives than to continue with oil exploration and extraction
 
https://www.telam.com.ar/notas/202207/600154-gustavo-petro-promesa-transicion-energetica-colombia.html
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