Arrow Explor. Share Price (AXL)

Should be getting news on the commencement of the first longitudinal well any day now.

A large chunk of AET also, Askar increased his holding there several times absorbing any selling near his purchase price. Im not sure that people appreciate he's made 100%+ gains in these smaller oil producers.

That's how much Malcy knows who bought AXL at 18.5p from Canacol - hehe

Lets see what Askar/Meridian brings as they also own nice chunk of Petrotal and it served them good. He likes dividends over there I am sure

Very premature. MA, hardly your finest hour unless the three projected 600 m laterals' results are nailed on. Bad vibes to many

The usual rules about FY results apply, nothing new in the numbers but last year was a real cracker for Arrow as seen in this detailed release. Looking at the post period end achievements Arrow has continued to make strong progress, production is increasing and the rig is being mobilised to the CN B pad in order to start drilling the company’s first horizontal well.

This is one of the 16 fully funded wells in the programme for this year and the wells include the potentially exciting horizontals as well as Baquiano and Mateguafa Attic prospects. I am writing a background piece having visited Bogota recently which shows just what an excellent set up Arrow has in Colombia. Finally on technical market terms it was good to see the Canacol stake placed last week and into friendly hands.

https://www.malcysblog.com/2024/04/oil-price-arrow-jadestone-beacon-sdx-i3-petrofac-and-finally/