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 > Nice Update !

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Comment by EagleHasLandedon Feb 08, 2023 11:57am

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Post# 35274657

RE:RE:RE:RE:Nice Update !

From our helpful CFO:

Sorry for not getting back to you yesterday. RCE-3 has spud and is drilling ahead.

The 3D seismic project is also moving forward. The crew is in the field doing the survey for geophone locations.

The road and pad construction for Carrizales Norte looks great and should be complete by the last week of February. This will include the cellars for CN-1, CN-2 and CN-3.

Thank you for your continued interest. Please let me know if you have any other questions.

Joe

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