High quality, self-funded portfolio of underexplored, high growth Colombian oil assets.
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