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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 Jan 02, 2025 6:24am
41 Views
Post# 36383879

RE:6669 ;

RE:6669 ;Axl is a growth story, production should increase 50% in 25, if they acquire another asset then 130%, new reserves calculation in 1st qr, share price is where it was when production was 2200 boepd, $ 20+ M cash and no debt, company add $ 4-5 M each month on bank account, lowest cost producer in Columbia, mgmt sold couple of companies, I believe this will be same story, share price should already be 0.70 +, this is great story, and clearly unervalued, PE 2 

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