Arrow Explor. Share Chat (AXL)

Always the way. This is heading to 40p, no doubt about that. Maybe in the next few months, maybe end of year. A safe bet, huge revenue flow, and in these uncertain times an oil price spike will send producers like Arrow off the chart. Hard to find undervalued solid stocks to buy like this one.

WHY DIDN'T I BUY MORE

Great to see the stock holding and moving above 26p+ the last few days! There's also been some pretty substantial buys.. a big investor entering the fold perhaps?

If so, another great sign.. I think we all know what potential the next two quarters hold :)

Seems to be some marked bottom-feeding going on this week. It takes better brains to unravel it.

.." It should be remembered that the Canacol stake of c.22% has been placed with friends of Meridian AM .."

Yes, but it's also remembered that Malcy got the placee wrong.

And - as I understand it - he's paid to know these things.

Ho hum

. . . has become a remarkably resilient stock. Another +1p today is within reach.

My little buy of 8,000 shares is showing as an unknown trade - so I’m guessing it’s all buys so far today… managing to increase my holding here month by month - particularly encouraged by Malcy’s report - although I wonder if his trip was fully expensed or not… gla and hopefully we will that 75p forecast sooner rather than later……

Final comment….

“I have carried a Target Price of 50p for 18 months now, I now feel that this should be upgraded, and since the horizontal well results a decent upgrade is justified so I have today upgraded that number to 75p. It should be remembered that the Canacol stake of c.22% has been placed with friends of Meridian AM at a price a little lower than that of today, I would expect that to prompt a further rise in the shares before long.”

Comprehensive update on his blog.

https://www.malcysblog.com/2024/06/oil-price-kistos-arrow-angus-echo-beacon-and-finally/

It was 10%. but like most people at this game, greed can be a + or -. without a doubt this company looks to be superior in both management and skills in bringing their aims to fruition. would be daft to leave now when i don't need the dosh...GLA

Apologies, typo in my original, HZ-3 due to spud in the coming weeks..

Oh, and that's not to mention talks of acquiring a 2nd rig..

Can definitely see this ticking up nicely now over the next few weeks.. there's been strong buying pressure this week, and Malcy's recent interview was excellent to learn more about some of the technical insights they've learned from recent drills. If the latest RNS didn't send confidence sky high, the remaining drills should, including the new prospects pipped for Q4 (with Baquiano potentially being one large structure with CN.. imagine, exciting!).

Just to add that CNB HZ-1 was the shortest planned horizontal of the lot. Each of the remaining 3 horizontals (for now), will all be longer, particularly HZ-4 & HZ-5, so would expect to see greater potential (subject to them being restricted for reservoir longevity of course.. and based on Malcy's interview this structure is larger than they think, therefore expect to see reserves increasing as well). HZ-1 is due to spud within the next few weeks once the water well has been finished, and with all pads and cellars built, it's back to back drilling from here (even on Baquiano and Mateguafa Attic).. exciting few months and a year ahead!

No need to ramp this one, the details speak for themselves.. but it's hard not to believe by this time next year seeing this company hitting close to 10k bopd off the back of the next set of horizontals, continued CN development, RCE and OP!

Potential dividends by end of 2025? Yes please!

There you go Kipper. I said that you would better your initial target. 10% wasn't it? :)

Me toooo - it’s nice here and I think it’s going to get a lot nicer….. lol gla

This is now arrows price range, 24p to 26. till the next successful drill. i am over 14% up in 7 weeks, but well worth holding on to, may even add if they fall for no reason. unlike zephyr, which are causing kittens at every RNS....as ever GLA

A revealing review throughout from min. 1 to min. 29. Key phrase: "cross pollination" with PTAL. (At least two of us have been awake to probability of association.)

Of growing interest is what Marshall can accomplish with parallel drilling across 140 ft payzone . . . and moreover how much can be found in two intermediate horizons.

Manolo will be following developments closely and how they can be applied to Bretana ops in the Vivian.

Hxxps://www.malcysblog.com/2024/06/core-finance-ceo-interview-marshall-abbott-arrow-exploration-3/

New Presentation - Carrizales Norte: Horizontal Well Program - Page 16

The HZ-1 result was transformative and greatly enhanced an already highly compelling investment case.

In light of this result, incredibly, the management's revised horizontal well drilling programme on page 16 of the new presentation offers the prospect of a further highly material enhancement to the investment case. Why?

The scale of the Ubaque Main Sand Structure Map suggests the following:

HZ-1 - 662m lateral length - 11% longer than 560m modelled length

HZ-2 - 820m lateral length - 46% longer than modelled length

HZ-3 - 1,045m lateral length - 87% longer than modelled length

HZ-4 - 883m lateral length - 58% longer than modelled length

That's a total of 1,170m of additional lateral length planned for the first 4 horizontal wells than originally proposed and modelled - this is equivalent to drilling more than two additional 560m horizontal wells, without most of the drilling cost together with a saving of two drilling pad slots.

AIMHO/DYOR

New investors presentation out for June 2024:

https://arrowexploration.ca/wp-content/uploads/2024/06/Arrow-Corporate-Presentation-June-2024_Final-1.pdf

.. . still something of a mystery, MT, although there's a fair amount of data on the Llanos, i.e. Colombia Geological Society site. I may write to GTE for help because I feel Marshall on his own admission got a lucky break. (They probably won't reply, of course.)

Hi viable - Ref: Vivian and Cushabatay - in no great detail. Came across them when carrying out ongoing research into my 3 year held PTAL investment.

@ 11:23 - Without searching for stats on water cuts east of the Andes the trends have always been exponential . . . not necessarily an alarming issue because the aquifers apparently create high psi. The feature enables long life in a well even with a 90% w/c influence. Examples of later workovers have shown recoveries of 300/400 bopd. (I was surprised to read that water content was being used for irrigation at one point. Maybe the information was incorrect.) Reinjection wells are standard.

MT - I follow your stuff on ADVFN. Have you researched the Vivian and Cushabatay plus the 3 or 4 intervals in between them. MA's reference "multistacked", although intervals are probably thin, is encouraging. Llanos features look similar to deposition features in the Williston basin, but another Bakken is perhaps unlikely.

Anyone else surprised that they are moving onto drilling a well for the disposal of water next when the current well is only producing 1% water. I would be getting another horizontal on the go and then see what the water cut is before deciding on a water injection well. But that's just me!

Thought I ought to provide a little source material in case some think I'm making this stuff up: https://www.theguardian.com/world/article/2024/jun/19/hezbollah-leader-cyprus-will-be-target-if-it-lets-israel-use-its-territory-in-conflict

What the Guardian doesn't say here is that the Hezbollah drone footage was in response to the US envoy Hochstein threatening Lebanon during his recent visit. Israel is nuts and this conflict is going to expand.