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

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Arrow Exploration Corp > Next couple of weeks...

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Post by Rob0012 on Feb 18, 2023 12:28pm

Next couple of weeks...

A little bit of volatilyt on CSE over the last week, on relatively low volumes. Idem on AIM but on much larger volumes (avg1.5M dailyt over the last week). Some speculating as to wheter we'll have positive results or not and when. As far as when goes, here's the latest from Management:

RCE3 is expected to be put on production in the first week of March. At that time we will have flow rates. We will then skid the rig to RCE4 and begin drilling. RCE4 is expected to spud 2 days after RCE3 is put on production.

So, longs will be rewarded on successful results the week of Feb 27th or the week of Mrrch 6th. I would assume more volatily to come this coming week.

By the end of March, we'll have heard about 2 new wells...not bad!!!

GLTA!
Rob

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