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 > Government to evaluate oil and gas contracts

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Comment by gamer007on Nov 22, 2022 5:25pm

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Post# 35120053

RE:Government to evaluate oil and gas contracts

Yes .....this is material as Arrow has been actively working with the regulator to get the Oso Pardo extension.....................a very sweet shallow oil pool, which could contribute 4000 BOE per day.

Aside from that ...............my back of the envelope production target for Dec. 2023 is approx. 5000 BOE per day, a double from here.......... which I have been told is achievable.............once Carrizales North get's cooking !

Historical wells just across the property boundary ran 2500 BOE per day according to Marshall Abbott

Our chart looks good.................a nice friendly upward bias !

GLTA

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