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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 EagleHasLandedon Jan 25, 2023 4:09pm
80 Views
Post# 35246225

RE:Opportunity

RE:Opportunityregarding dividends when 10000 bod (oil) is reached, consider this:
10000 bod x $56 netback x 360 days /320 million shares = 63 cents
 
Let us consider a shareholder with 100000 shares:
100000 x .63 = 63000 dollars a year
Adjust down as you please, let us say 10 cents gives 10000 dollars
Bright future!
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