Arrow Exploration Corp V.AXL

Buzz on the Bullboards: Trudeau quits, Trump gets (more) greedy

[666999]

23 new wells this year !

[Rob0012]

I've been in Arrow for 3+ years now and planning to hold for another 2 years at least.  Near future is impressively promissing:  1 AB2 and AB3 wells in production 2.2nd rig to start

[Jonathon Brown]

The TSX saw a loss following the unexpected resignation of Justin Trudeau as Donald Trump considered declaring new tariffs. read article.

[666999]

Just news from Arrow release....

[666999]

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

[InfoIsKey]

https://oilman.beehiiv.com/p/oilman-jim-s-letter-january-8-2025 Worth reading

[666999]

Lowest cost oil producer in Colombia, netback is great

[auburn2]

They will generating a great deal of FCF this year. The FCF yield must be the highest in the sector?

[auburn2]

That vertical well is supposed to break even within 4 months. https://cdn-ceo-ca.s3.amazonaws.com/1jn6tts-Prospect%20Matrix%20Tapir%20Block.JPG

[auburn2]

Flow rate in line with expectations at AB-1. Two more appraisal wells in January • The AB-1 (Alberta Llanos) exploration well is now on production at an oil rate of 658 bbl/d gross (329 bbl/d net

[666999]

Next well already reached target depth, which is quick and cheap, current revenue $12 M/month Brent $ 76 - netback $54 

[1rockit]

I've definitely seen a lot better but at least it's not a duster ! Better days ahead people 

[PressRelease]

AB-1 now on production, AB-2 at target depthCalgary, Alberta--(Newsfile Corp. - January 6, 2025) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to provide an...read article.

[1rockit]

Yes I agree with you about the company. Their definitely one of the most conservative companies I've ever dealt with. One thing that I don't care for is the 50% work ins. With a rating of a

[666999]

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

[1rockit]

I also understand the company has qwite a bit of natural gas behind pipe. Which means just turning the valve on. It should be a gang buster 2025 for company. Hopefully a very good buy at these prices.