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 > 5000 Bopd

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Comment by 666999on Aug 29, 2024 9:20am

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Post# 36200950

RE:RE:RE:RE:5000 Bopd

But volume is really low, and markets are down... what is important is that bopd is growing,same for cash position, cost of drilling wells are going down, water cut is not important, as disposable well will be tie in, current bopd with HZ4 is 5500, lets wait to market digest news, Actus has write in report, that Arrow is now suitable for M&A, mgmt HAS SOLD 8 companies, this is 9

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