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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

Post by 666999on Jan 09, 2025 2:35am
52 Views
Post# 36395572

From Malcysblog

From Malcysblog

Things move fast here, the AB-2 well is already at TD and logs are being evaluated, after which the AB-3 will drill and interestingly both wells are going to evaluate the Guadalupe formation, potentially another core area for Arrow but again, more interestingly ‘set up parameters for future horizontal development drilling’. 

The idea of another horizontal development drilling area is very exciting for Arrow and to a large extent answers one of the key questions as to how to top what was an incredible year for the company in 2024. A substantial drilling programme has been announced for the coming months and I am very excited about its potential,

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