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 EagleHasLandedon Nov 30, 2022 12:00pm

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Post# 35139992

RE:RE:Government to evaluate oil and gas contracts

Hydrocarbon production will continue to be the main source of royalty generation

Thus, and in the midst of the controversy as to whether oil exploration contracts will continue to be signed, the Minister of Finance, Jos Antonio Ocampo , calmed down the spirits and ratified that with the approval in Congress of the National Development Plan, it is contemplated that Hydrocarbon production will continue to be the country's main source of royalty generation.

https://www.colombia.com/actualidad/economia/produccion-de-hidrocarburos-seguira-siendo-la-principal-fuente-de-generacion-de-regalias-378735

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