Arrow Exploration Corp V.AXL

From Auctus Advisors' report

[Rob0012]

Exercpt from the Nov 25th updated report:
900 boe/d additional production by YE21
The West Pepper well is expected to add 5.5 mmcf/d. This well was tested at ~10 mmcf/d. At 5.5 mmcf/d and current gas prices in Canada, the well generates operating cashflow of ~US$0.5 mm per month. This is material for the company. In 1Q21, Arrow will drill the Rio Crave Este 2 well that could add 400 bbl/d net to Arrow. 
Cashflow and newsflow Our ReNAV per share is unchanged at ~£0.30 per share (@US$65/bbl for Brent). Arrow hopes to secure an expansion of the Oso Pardo licence area to cover the entire newly mapped reservoir area in 2022. This would give access to 14 mmbbl of very low risk resources that could deliver 4 mbbl/d WI production plateau and unlock ~£0.60/sh of value.

[goldboyz2]

Very nice, Is AXL updating their investor presentation ? i would love to see the new update on their company wesite soon. GB

[silverT]

Thanks Rob , we got a nice bump this morning about time we got some respect .

[goldboyz2]

It is a nice bump but with no support........... only 140k shares on the bid down to 10 cents from 16 cents We need a solid news release and some promo to really get investors interested imo  We should be trading much higher  GB

[Rob0012]

Ahhh gb gb gb!  And how much for sale between 17 and 25??? this you nver tell...  Look at the LSE activity again today...7.5M in volume (some days zero b4 Xmas).  That's how it works...when people realize and get interested we'll already be well over 20!  Updated presentation upcoming with nice news flow for the next many months!  All aboard! GLTA! Rob

[gamer007]

ROB0012.............Post Oso Pardo expansion to the east......Auctus re-rates the stock to 60 pence ! This was my reference, and it is anticipated to occur this calender year    !

[Rob0012]

Ok but how does Oso Pardo fit into AXL plans detailed on page 6 of the investors presentation?  Unless that is why an updated presentation is in the making?  Cause on page 22 we read: • Leveraging off the company’s existing Oso Pardo development • The majority of VMM-2 is in the process of being relinquished • Arrow is applying for an extension to its existing license to cover the

[gamer007]

Yes Rob...........VMM-2 is the extension block to the east and was being relinquished by another party...........once that is complete.............VMM-2 can be re-licenced to AXL...........Marshall Abbott said that he was going to Bogota in December to visit the Miinistry with respect to achieving this ! It is significant in that it has serious 3-D seismic that indicates the volume of the oil