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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 Sep 08, 2022 7:42am
67 Views
Post# 34948778

RE:RE:RE:RE:RE:New Press Release - Arrow Announces Test Results of East Pepper Well

RE:RE:RE:RE:RE:New Press Release - Arrow Announces Test Results of East Pepper WellWell, I guess the challenge for our SP is that 71M (from the AIM PP from Oct last year) 9pence warrants still hanging around with an expiry date of October 2023.  Cash flow and net earnings will have to black paint the next few quarterly reports to overcome these warrants pressure.  Those holding them are smiling to death with the current SP and hoping to make even more money (doubling your investment in less than a year is not nad, right? LOL!).  In any case, the risk reward equation is still much favorable to me.  In executing the ops plan and maybe some more surprises, some will slowly start to exercise the wts for long term holding, this is my bet here.
GL
Rob
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