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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 goldboyz2on Sep 08, 2022 10:16am
84 Views
Post# 34949180

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 WellHow come you are surprised EHL ? AXL was trading at under 20 cents in march.......... before that the sp was around 10-15 cents on thin thin volume. Not many shares were traded to bring the sp up to the 15-20 cent range. AXL has drilled two wells in columbia and has tied in West Pepper  (in DEC ) and East pepper currently yet the Sp is only a few cents higher since all this began in FEB. OIl prices have come down modestly plus the warrents............. When RCE 1 and RSC were drilled and the sp didnt hold above 30 cents was a huge red flag for me as the sp should of certainly held. 

Everyone knows east pepper should of been tied in months ago. No farm out agreement so that was all smoke since DEC 2021. IMO

GB




EagleHasLanded wrote: Thanks Rob!
yes the upside is still to come, they are doing everything right. I am a bit surprised that SP is not yet in the .30's


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