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 > From cfo

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Comment by EagleHasLandedon Apr 13, 2023 10:06am

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Post# 35392791

RE:From cfo

Marshall and I are heading down to Bogota in early May to meet with the ANH President and we hope to get some clarity on the Oso Pardo extension and expected timing. The transfer to a new government in August and the change or leadership at the ANH have contributed to the slow process. We will do our best to convince the ANH that the extension is in the best interest of all parties.

Thanks

Joe

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Advancing flagship Ishkõday Gold Project in Ontario