Bullboard - Stock Discussion Forum Arrow Exploration Corp V.AXL

Alternate Symbol(s): CSTPF

Energy Oil & Gas E&P

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... see more

Add To Watchlist

TSXV:AXL - Post Discussion

Arrow Exploration Corp > AXL Happy Friday

View:

Post by goldboyz2 on Mar 11, 2022 11:56am

AXL Happy Friday

453 bbl/s oil production from Colombian portfolio
868 boe/d gas production from Canadian portfolio
Based on prevailing Brent Crude oil prices, Arrow expects its Colombian oil assets to generate approximately US$450,000 in cash flow in January 2022, prior to G&A expenses.

Based on prevailing AECO natural gas prices Arrow expects West Pepper to generate approximately US$298,000 in cash flow in January 2022

Q1 should give some nice insight on company operations, making over 750k in revenue a month with current oil pricing. Crude oil prices were avg of $80 in january and $90-100 in feb and march

should be doing roughly $1,000,000 month easily

Lets get these drills turning !!

GB