High quality, self-funded portfolio of underexplored, high growth Colombian oil assets led by an experienced, in-country team
TSX Venture Exchange : AXL
Attractive entry point into a tightly-held region
Operated producing assets focused on the Llanos Basin and Middle Magdalena Valley (MMV) in Colombia
Partnered with leading operators in 2 plays
Quality assets with the potential for strong netbacks and prospect of generating significant near-term, high ROR growth
Returns-focused program through improved efficiencies, low risk work-overs, development and high-impact exploration
High working interest land base with organic growth opportunities across 148,000 net acres in the Llanos Basin, the most prolific oil-producing basin in Colombia
Substantial underutilized processing and water disposal capacity
Financial flexibility with proposed US$20-25 mm credit facility with global lender
Credit facility closing expected before December
Strong and experienced E&P management team committed to being operationally hands-on and financially conservative
Expect to significantly increase production and cash flow over the near to mid-term
Catalyst-Rich Story
Next 6 months expected to feature numerous impactful operational milestones
Our Strategy
The immediate focus of ARROW is to leverage expertise to grow production via low-risk exploration and workovers in Colombia
