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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.


TSXV:AXL - Post by User

Arrow Exploration Corp > Upcoming drill results
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Comment by EagleHasLandedon Jan 17, 2023 3:16pm
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Post# 35228864

RE:RE:RE:RE:RE:RE:RE:Upcoming drill results

RE:RE:RE:RE:RE:RE:RE:Upcoming drill results
From CFO Mcfarlane today:
 
The RCE-3 well is expected to spud on January 27.  The rig is currently being built on the pad.
The RCE-4 and RCE-5 wells will follow the RCE-3 well and then the rig will move west to Carrizales Norte.
 
Marshall Abbott (CEO) and I are currently traveling to Bogot to meet with the new President of the ANH to discuss the Oso Pardo extension.  We hope to have news of the extension soon.
 
Thank you for your interest.  Please contact Marshall or me with any other questions.
Joe McFarlane
CFO
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