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

<< Previous

Bullboard Posts

Next >>

Post by EagleHasLandedon Aug 10, 2023 7:13am

140 Views

Post# 35581170

Oso Pardo wells

I asked Joe earlier if there is room for more than two wells, his answer was:

We are allowed to drill seven (7) production wells plus one (1) injector well in total per pad at Oso Pardo. On our existing pad we still have room for four production wells.

To drill additional wells we would need to build a second pad.

<< Previous

Bullboard Posts

Next >>

Options trading in a volatile macro environment