Arrow Exploration presents at the Proactive One2One Investor Forum - September 7th 2023

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Proactive - Interviews for investors
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Marshall Abbott, CEO of Arrow Exploration Corp (TSX-V:AXL) (AIM:AXL) (OTC:CSTPF), discussed the company's history and growth at the Proactive One2One Investor conference. Abbott emphasized Arrow's strong relationship with Canadian-based company Canacol, which owns 19.5% of Arrow. Abbott revealed a successful $15 million raise two years ago, with warrants set to be exercised. The company has seen significant progress, moving from zero to over 3000 barrels per day in production capacity within two years. They plan to drill 10 wells this year and an additional 10-11 next year. Abbott stressed their commitment to ESG initiatives, crucial for operating in Colombia. Arrow boasts a robust leadership team and a market cap of $63 million, with $10.8 million in cash reserves. Abbott anticipates achieving 10,000 barrels per day in the next few years, transitioning from a junior to an intermediate player in the industry. He discussed Colombia's favorable fiscal terms and political climate for oil production. The company's current focus lies on the Tisquirama block, showcasing promising discoveries and substantial reserve potential. Despite the strong performance, Arrow's market valuation, compared to their cash flow, remains notably low, potentially a result of past challenges and the company's history. Abbott expressed optimism for the future, especially with an upcoming news release set to bolster their standing. #ProactiveInvestors #ArrowExplorationCorp #OilIndustry #OilProduction #ColombianOil #ESGInitiatives #EnergySector #CEOInterview #OilReserves #ExplorationSuccess #FiscalTerms #ColombianPolitics #MarketValuation #CashFlow #OilandGasInvestment #EnergyMarketTrends #CanadianOilCompany #DrillingProgramme #ColombiaEnergySector #ESGCommitment #OilandGasExploration #OilMarketAnalysis #OilandGasInvesting #EnergyIndustryInsights #ColombiaOilReserves #OilandGasBusiness #MarketAnalysis #OilandGasExplorationCompany #SustainableEnergySolutions #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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