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 Joe

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Comment by EagleHasLandedon Aug 18, 2023 10:06am

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Post# 35594683

RE:RE:From Joe

Joe on Capella:

Government, communities and the operator, Emerald, are still having meetings and discussions. It seems the government is unwilling to bring in the military to help with protesters, and has made promises of social improvements in the area.

An agreement could be made at any time, but at this point it seems like the parties are still far apart.

When we have more solid information, we will issue a press release.

Thanks

Joe

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Advancing flagship Ishkõday Gold Project in Ontario