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Arrow Exploration Corp V.AXL

Alternate Symbol(s):  CSTPF

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

Comment by 666999on Sep 19, 2024 3:56am
80 Views
Post# 36230396

RE:AXL

RE:AXLLook at the chart, most powerful tool, traders took profit, it was nice run up, all oil plays are down, market has retreated.... but as said results are great, net back is great, mgmt has a good plan going forward,.we will have to wait for next results, to see if it will lift share price up, or till market goes up, its good to trade 20-50% of position and let other half for long position, we could see that weakness was bought, and that investors took new positions, latest results were 4650 boed + latest well, so 5500+ boed
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