Arrow Exploration Share Discussion Threads

[albert35911] 23/6/2024 14:14

Zico…it’s the AIM remember,lots of underhand things happen due to less regulation.

[albert35911] 23/6/2024 14:13

Gets you all giving opinions,it sort of sorts the wheat from the chaff so to speak in relation to rampers,zico all the epic,s you have put see how many I am right on and how many I’m wrong as can anyone else obviously,if they don’t drop after a spike no problem my idea has failed,but I will keep on using it.

[jacks13] 23/6/2024 14:07

There's a small gap on the daily bar chart at 20p/21p set on 19 June when the Ubaque horizontal results were announced and that looks a more likely target for a low. But sub-20p looks a bit of a stretch. Anyone hanging on for 19p is likely to miss the boat I would think. But its a quiet time of year and small volumes can result in higher than expected volatility.

[cat33] 23/6/2024 13:39

Good summary of the latesthttps://oilman.beehiiv.com/p/oilman-jims-letter-june-23-2024Worth reading

[pastybap] 23/6/2024 13:34

He's more Uncle Albert than King Albert. The filter is your friend.

[mrscruff] 23/6/2024 13:21

What poor quality posts pushing those by MT and others down. The presentation released (on Friday?) in my opinion did contain shed loads of market sensitive information that has wrong footed many and those like albert35911 will end up buying at 30p on FOMO so ignore their posts. albert35911 can I suggest you set up your own blog so those who care about your trading tactics will follow you.

As for The Labour Party this is not the place to chat about that either. Many have over £300,000+ worth of shares in an ISA depending on your age. There may even be ISA millionaires amongst us (I can guess who but I wont)... but again who cares. Focus on Arrow, it is possibly the best investment on AIM for the next 2-years or until takeover.

[oakville] 23/6/2024 12:36

Thanks Albert, personally I don't see it going below 23p but what do I know.
I think this company is in a slightly better place than it was in February.
Only time will tell and if this ever falls below 20p you will be King Albert.

[dunns_river_falls] 23/6/2024 12:35

Personally I don't see sub 20 any more. The cash being generated is superb. But you never know with these markets and traders/ momentum investors can cause spikes each way.

I think we have been thrown a potentially decent bonus prize this weekend with the news that there is a possible c7 east pool of oil. I would assume that the water disposal well CNB-2 is now going to take longer than previously planned if they are testing the C7 pay zone. But ultimately this could be yet more significant reserves to add to the pot, so worth the wait. The next reserves report is going to be a corker.

[lexion] 23/6/2024 12:03

Albert - if I was you I'd be buying now - the 2nd hz would have to be a dud for you to see 18p Buy now and look forward to 50 p by eoy on 6000 bopd production

[z1co] 23/6/2024 12:02

Berty , you silly girl showing your true colours here as well.

You've been posting nonsense this morning on GDR , AET , AXL , HE1 , VAL , ALL ....

Too many to list.

You're a very sad troll. , ffs get a life you miserable little man.

[albert35911] 23/6/2024 11:41

Oakville…I am looking for 18/20p if I’m right I will buy if I’m wrong i won’t.Before you ask I am just looking at spike nothing else you don’t need to.

[multibagger] 23/6/2024 11:33

Many thanks joey52 - if it is April 2025 then it will offer some breathing time to re-balance and crystallise gains.

[joey52] 23/6/2024 11:23

Multibagger, I don't think anything is off the table. Labour if in power need to raise money but, would expect those changes to be from April 2025. Retrospective changes are unlikely and would certainly cause uproar. Use all available allowances to protect your money and keep up with the news of any changes and adjust accordingly.

[oakville] 23/6/2024 11:20

'On the way down from a recent spike,let’s see how low it goes before it’s worth buying'
Albert, how low do you think is a certain 'buy now' price?

[multibagger] 23/6/2024 11:20

Many thanks jailbird for your kind input - ISAs have always been maxed out (fortunate position to be in) for all the family, so it is for that portion of the portfolio that is outside of the same that my queries relate to.

[jailbird] 23/6/2024 11:13

for the last few years, and have been purchasing my shares within a ISA
using the 20k ISA allowance. So all my gains will be tax free, unless someone tells me otherwise i should be ok

Even so, if Labour do something negative with CGT, i will expect ppl will have time to take some actions before it becomes law

[multibagger] 23/6/2024 10:47

Good morning all :)

Drawing on the wisdom of crowds.....how likely is that the incoming Labour Govt

Will increase Capital Gains Taxes to match income tax levels for shares disposal in particular ?

When is the earliest time period / dated from which it can be implemented ?

Can it be done with retrospective effect ?

I appreciate that some/many on here have large share portfolios, so canvassing views.

Thanks in anticipation !

[albert35911] 23/6/2024 09:16

On the way down from a recent spike,let’s see how low it goes before it’s worth buying.

[the_gold_mine] 22/6/2024 14:45

Well put, Mount T. I may have to revise my year end target price up to 75pence on that basis (hah),

If 662m of lateral length from HZ-1 got us 3,200 BOPD initial production from HZ-1,

By direct scaling we may expect to get 13,272 bopd initial production from HZ-2 + HZ-3 + HZ-4 based on 2,748m of combined lateral length (820 + 1045 + 883 = 2,748m),

This is assuming the HZ-1 effective flowrate of 4.83bopd per meter of lateral length is applicable for the three other horizontals...

(AIMHO / DYOR)

[mount teide] 22/6/2024 12:06

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

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

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

The 1:50000 scale of the Ubaque Main Sand Structure Map indicates the following:

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

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

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

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

That's a combined total of 1,170m of additional lateral length now 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

[king suarez] 22/6/2024 10:44

You can see on slide 16 the size of the forthcoming horizontals, quite significantly longer, and as RR points out they are anticipating even higher production rates as a consequence!

There are 2 possible C7 pools to expolit. One to the north, where CN8 was drilled and one to the East, which will be tested with the upcoming water disposal well.

I wonder if these can be exploited with horizontal wells also? Loos like they are planning verticals to me.

Then you zoom out to page 13 and realise all of this is just one small area of the whole map with look-alike prospects along the faults to the North/West. Capullo and Mateguafa Oeste look a similar size to the CN field, the two 2024 exploration prospects a bit smaller, but notable drilling already done there was on poor 2D sesimic and some way away from the faults, so hopefully Arrow can better nail the targets with 3D.

Lots to be excited about.

[rockyride] 22/6/2024 10:24

DRF - spooky

[rockyride] 22/6/2024 10:23

What a stunning presentation, the detailed data they have is outstanding. There are many many catalysts here to move the market cap up. There are far too many highlights in this slide deck to mention but I will pick out 1 single thing, take a look at the IP net boepd to Arrow on slide 30 for the next few horizontals we are due to drill this year.UPWEGO - I think it's been mentioned a few times that an updated reserves report will be issued in H2 / 24. I think they p-landed to do this anyway but they got even more excited when they identified that we have a stratigraphic play on our hands after they drilled CN5.PS I note they are testing the C7 payzone encountered by the CBB-HZ-1 well whilst they are drilling the CNB-2 water disposal well (slide 17). Interesting!

[dunns_river_falls] 22/6/2024 10:18

2 wells for 2025 mentioned - Capullo and Mateguafa Oeste

HZ2 well to test the C7 encountered on CNB-HZ-1:
• While drilling, potential oil pay was encountered in C7 and Gacheta sands

• C7 pay encountered on downthrown side of fault, opening up a potential new C7 oil
accumulation

• CNB-2 will be drilled in June. Main objectives are to test for water disposal
capability, but will also allow for a test of the C7 pay zone encountered in the
CNB-HZ-1 well

• Recent drilling has revealed two additional C7 pools, both likely to be
stratigraphic traps. Confirmation of the extent of these pools will add significant drilling opportunities