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 > 5000 Bopd

<< Previous

Bullboard Posts

Next >>

Comment by Rob0012on Aug 31, 2024 6:34am

93 Views

Post# 36203829

RE:RE:RE:RE:RE:RE:5000 Bopd

Ha ha ha, I like that! Traderes have had a bit of fun over the last 2 days but the longer term holders have always won with AXL over the last 3 years or so. Touched 62 earlier this week to touch 52 yesterday to close at a confortable 56, not bad. Everthing staying equal, I believe SP will trend back up towards new highs over the next few weeks. Next HZ well early September, but surprises may also take place...OP extension, 2nd rig in play, POO back over 90, and more.
Me too I'm looking forward to more cash flows so we get divys sometimes in 2025.
Rob
Staying long and strong

<< Previous

Bullboard Posts

Next >>

Lucara Diamond validates expansion with another high-value stone