Arrow Exploration Corp (TSXV:AXL)
C$ 0.42 -0.025 (-5.62%) Market Cap: 120.06 Mil Enterprise Value: 96.63 Mil PE Ratio: 0 PB Ratio: 1.65 GF Score: 53/100

Arrow Exploration Corp at Proactive One2One Virtual Forum Transcript

Feb 22, 2022 / 06:30PM GMT
Release Date Price: C$0.215 (+4.88%)
Marshall Abbott
Arrow Exploration Corp. - Director & CEO

Well, thank you for that introduction. I'll walk you through what we feel is rather a unique value proposition with respect to our activities in Colombia and Canada. And we're due for a step change in production, cash flow, and share price.

So from an overview perspective, we operate in an opportunity-rich basin. There's two basins in Colombia that we are focusing on, which is the Llanos Basin and the Middle Magdalena Basin. And I'll walk you through that in a little more detail. And we also have interesting optionality on the Canadian gas liquids play that has significant materiality at size. Our Brent-linked production growth through 1,200 barrels a day will take us to 3,000 barrels a day within 15 months. And we're fully financed to complete that strategy. That will garner us up to five additional wells in 2022 with consistent flow of news.

Our reserves today, as of 2020, are 7 million barrels. We have an unrisked prospective resource report, the Carrizales Norte prospect in the Llanos Basin of 1.3 million barrels net. We

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