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Bullboard - Stock Discussion Forum Arrow Exploration Corp CSTPF


Primary Symbol: V.AXL

Arrow Exploration Corp. is a Canada-based junior oil and gas company. The Company is engaged in the acquisition, exploration and development of oil and gas properties in Colombia and in Western Canada. The Company operates through two segments: Colombia and Canada. In the Llanos Basin, the Company is engaged in the exploration, development, and production of oil within the Tapir block. Its... see more

TSXV:AXL - Post Discussion

Arrow Exploration Corp > Reality check
View:
Post by Rob0012 on Nov 29, 2022 5:54am

Reality check

Well, it seems not all shareholders had seen the last CEO interviews.  Market hates delays of any sort.  We'll have to wait till the new year for Arrow to reach the famous 3,000 BOED target.  Declines at East Pepper was also much harder than anticipated...so the current total average daily production of rougly 2000 BOED vs the not too long ago announced 2500.  With the decline in price of Brent and not too clear tax impacts in Columbia, we might uffer a bit of decline in our SP as well.
Might be time for a bit of profet taking for me.
Cheers!
Rob
Comment by EagleHasLanded on Nov 29, 2022 8:11am
A month delay is not much, AXL is making good money now. Don't expect selling all December.
Comment by Rob0012 on Nov 29, 2022 2:00pm
To be frank, I'm happily surprised that we don't sugger more.  I don't have better place to put my gambling money, so I stay! Rob
Comment by EagleHasLanded on Nov 29, 2022 3:44pm
Good Rob, remember Oso Pardo extension is overdue, it's big news if extension is approved 
Comment by goldboyz2 on Nov 30, 2022 9:26am
Cough Cough  GB