reports
- Stephane Foucaud
AUCTUS ON FRIDAY - 15/11/2024
AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; Target price of £0.70 per share: 1.9 mbbl/d at latest CN well. Water disposal infrastructure operational. High net cash – The fifth horizontal well at Carrizales Norte (CNB HZ-6) is producing 1.9 mbbl/d of oil (0.95 mbbl/d net to Arrow) with a water cut of 31%. The well reached TD ~ one month ago. After ~1 month of production, CNB HZ-1 and CNB HZ-3 were also producing >30% water with ~1 mbbl/d oil produ...
CVX CHEVRON CORPORATION
EGY VAALCO ENERGY INC.
TXP TOUCHSTONE EXPLORATION
GENL GENEL ENERGY
ENI ENI S.P.A.
PEN PANORO ENERGY ASA
VLE VALEURA ENERGY INC.
MATD PETRO MATAD
NTOG NOSTRA TERRA OIL & GAS COMPANY
DGOC DIVERSIFIED GAS & OIL
AOI AFRICA OIL CORP
JSE JADESTONE ENERGY
BWE BW ENERGY
AXL. ARROW EXPLORATION LTD
TAL PETROTAL (TAL)
KIST KISTOS PLC
J4V VAR ENERGI ASA
SHELL ROYAL DUTCH SHELL
CDR CONDOR ENERGIES INC
- Daniel Slater
Arrow Exploration (AXL LN) - Successful CNB HZ-6 well result - BUY
Arrow has announced a further successful horizontal well on its Carrizales Norte field (Arrow 50%), helping support company production and continuing to prove up the attractiveness of the Ubaque reservoir at Carrizales Norte and the application of horizontal wells to this.
- Stephane Foucaud
Arrow Exploration Corp. (AIM: AXL): 1.9 mbbl/d at latest CN well. Wate...
• The fifth horizontal well at Carrizales Norte (CNB HZ-6) is producing 1.9 mbbl/d of oil (0.95 mbbl/d net to Arrow) with a water cut of 31%. The well reached TD ~ one month ago. • After ~1 month of production, CNB HZ-1 and CNB HZ-3 were also producing >30% water with ~1 mbbl/d oil production (gross). Overall current gross oil production from the existing horizontal wells (CNB HZ-1, HZ-3, HZ-4 and HZ-5 but excluding HZ-6) is 4.36 mbbl/d (2.18 mbbl/d net to Arrow) with each well producing 1-1.16...
- Stephane Foucaud
AUCTUS ON FRIDAY - 27/09/2024
AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; Target price £0.70 per share: Another horizontal well with high flow rate – The fourth horizontal well at Carrizales Notre (CNB HZ-5) has been put on production at a gross oil rate of 2.7 mbbl/d (1.35 mbbl/d net to Arrow) with a water cut of 11%. This flow rate compares favourably with CNB HZ-4 that was put on production at a gross oil rate of >2.5 mbbl/d (8% water cut). Overall gross oil production fro...
- Daniel Slater
Arrow Exploration (AXL LN) - Further successful CN horizontal well
Arrow has announced a further successful horizontal well on its Carrizales Norte field, adding to company production and continuing to prove up the attractiveness of the Ubaque reservoir at Carrizales Norte and the application of horizontal wells to this.
- Stephane Foucaud
Arrow Exploration Corp. (AIM: AXL): Another horizontal well with high ...
• The fourth horizontal well at Carrizales Notre (CNB HZ-5) has been put on production at a gross oil rate of 2.7 mbbl/d (1.35 mbbl/d net to Arrow) with a water cut of 11%. • This flow rate compares favourably with CNB HZ-4 that was put on production at a gross oil rate of >2.5 mbbl/d (8% water cut). • Overall gross oil production from the three other horizontal wells is ~5.62 mbbl/d (~2.8 mbbl/d net to Arrow) including 2.1 mbbl/d for CNB HZ-4, 1.9 mbbl/d for CNB HZ-3 and 1.6 mbbl/d for CNB HZ...
- Stephane Foucaud
AUCTUS ON FRIDAY - 30/08/2024
AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; Target price £0.70 per share: Key horizontal wells outperforms expectations – Arrow has now drilled 3 horizontal wells in Carrizales Norte. The flow rates of the wells are exceeding our expectations. The first CN horizontal well (CNB HZ-1) is being restricted to a current oil flow rate of 2,090 bbl/d with approximately 41% water cut. The average oil production for the first 60 days of production was 2,37...
- Stephane Foucaud
Arrow Exploration Corp. (AIM: AXL): Key horizontal wells outperforms e...
• Arrow has now drilled 3 horizontal wells in Carrizales Norte. The flow rates of the wells are exceeding our expectations. • The first CN horizontal well (CNB HZ-1) is being restricted to a current oil flow rate of 2,090 bbl/d with approximately 41% water cut. The average oil production for the first 60 days of production was 2,375 bbl/d. This compares with our expectations of IP90 of 1.5 mbbl/d. • The second CN Horizontal well (CNB HZ-3) is being restricted to a current gross flow rate of 1,92...
- Stephane Foucaud
AUCTUS ON FRIDAY - 02/08/2024
AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; target of A$0.75 per share: Reflections on Welchau – IIndependent consultants have calculated that each of the three reservoirs encountered at Welchau (Reifling - 128 metres, Steinalm -118 metres and the Guttenstein - 111 metres) are hydrocarbon bearing with uncertainty on the hydrocarbon type. Laboratory work on the Steinalm reservoir has confirmed the full properties ofthe 43° API light sweet oil that was recove...
RDSA ROYAL DUTCH SHELL PLC CLASS A
GTE GRAN TIERRA ENERGY
OMV OMV AG
TXP TOUCHSTONE EXPLORATION
PXT PAREX RESOURCES INC.
SEI. SINTANA ENERGY
PEN PANORO ENERGY ASA
VLE VALEURA ENERGY INC.
SQZ SERICA ENERGY
XOM EXXON MOBIL CORPORATION
BP. BP P.L.C.
JSE JADESTONE ENERGY
AXL. ARROW EXPLORATION LTD
TRIN TRINITY CAPITAL INC
ADX ADX ENERGY LTD
BWEFF BW ENERGY LTD
TCF TRILLION ENERGY INTERNATIONAL INC
Hybridan Small Cap Feast - 31 July 24
31st July 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced, or it is a rumour Dish of the day Admissions: Delistings: Foresight Sustainable Forestry Company (FSF.L) has left the Premium Segment of the Main Market. What’s baking in the oven? ** Our daily digest of news from UK Small Caps If you would like to unsubscribe, please email with “unsubscribe me”...
- Daniel Slater
- Stephane Foucaud
Arrow Exploration Corp. (AIM: AXL): Continued high flow rate at 1st Hz...
• The first CN Horizontal well (CNB HZ-1) is currently flowing at a rate of 2.22 mbbl/d (oil) with an IP30 rate of 2.65 mbbl/d (1.32 mbbl/d net). • The well is performing better than expected. We forecast IP90 rate of only 1.5 mbbl/d. The well has paid back in less than a month. The water cut after >1 month is 34%. Assuming the water cut after six months of production doubles to 60-80% would imply ~1.1 mbbl/d of oil production by then (assuming the pump speed is unchanged). Given that the pump ...
- Stephane Foucaud
AUCTUS ON FRIDAY - 21/06/2024
AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C: target price of £0.65 per share: Flow rate of high impact horizontal well above expectations – The first CN Horizontal well (CNB HZ-1) from the Carrizales Norte B pad has been on production since 14 June at a rate of 3,150 bbl/d (~1.6 mbbl/d net) with less than 1% water cut while still recovering load fluid. The flow rate is currently constrained with the ESP operating on the minimum setting. The flow ra...
- Daniel Slater
Arrow Exploration Corp. (AIM: AXL): Flow rate of high impact horizonta...
• The first CN Horizontal well (CNB HZ-1) from the Carrizales Norte B pad has been on production since 14 June at a rate of 3,150 bbl/d (~1.6 mbbl/d net) with less than 1% water cut while still recovering load fluid. The flow rate is currently constrained with the ESP operating on the minimum setting. • The flow rate is above expectations. While the stabilized production rate will be determined in the next few weeks, this initial flow rate represents 2x what we carry in our model for the well i...
- Stephane Foucaud
AUCTUS ON FRIDAY - 31/05/2024
AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/AXL CN)C; target price of £0.65 per share: All eyes on the first horizontal well at Carrizales Norte – The 1Q24 production of 2,730 boe/d was close to our expectations. Arrow’s cash position of US$11.6 mm was also in line. The first water disposal well at RCE is being brought into production and the conversion of the CN-4 well is currently waiting regulatory approval. These two disposal wells are very importa...
AKRBP AKER BP ASA
MRO MARATHON OIL CORPORATION
GTE GRAN TIERRA ENERGY
EGY VAALCO ENERGY INC.
CHAR CHARIOT OIL & GAS
ENQ ENQUEST PLC
NOG NOSTRUM OIL & GAS PLC
VLE VALEURA ENERGY INC.
PHAR PHAROS ENERGY
MAHA A MAHA ENERGY
ZPHR ZEPHYR ENERGY
AXL. ARROW EXPLORATION LTD
SOUC SOUTHERN ENERGY CORP
LBE LONGBOAT ENERGY PLC
J4V VAR ENERGI ASA
LNGE LNG ENERGY GROUP CORP.
IAECN ITHACA ENERGY
Hybridan Small Cap Feast - 30 May 24
30th May 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced, or it is a rumour Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: ITF announced: 22nd May: Raspberry Pi announces an intention to float onto the Premium listing segment of the Main Market. Raspberry Pi is a designer and developer of high...
- Daniel Slater
- Stephane Foucaud
Arrow Exploration Corp. (AIM: AXL): All eyes on the first horizontal w...
• The 1Q24 production of 2,730 boe/d was close to our expectations. • Arrow’s cash position of US$11.6 mm was also in line. • The first water disposal well at RCE is being brought into production and the conversion of the CN-4 well is currently waiting regulatory approval. These two disposal wells are very important to debottleneck the company’s oil production at RCE and Carrizales Norte. • The key near term newsflow is the drilling result of the first CN Horizontal well (CNB HZ-1) from the ...
- Stephane Foucaud
AUCTUS ON FRIDAY - 17/05/2024
AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; target price of £0.50 per share: Spudding high impact well – Drilling operations have started at the Carrizales Norte B Pad Horizontal Well 1. This is the first horizontal well drilled in the Ubaque on Tapir. Three more horizontal wells will be drilled on the pad. Delivering good flow rates at these wells will be very important for future production growth. Arrow held US$12.4 mm in cash at the beginning ...
TLW TULLOW OIL PLC
GPRK GEOPARK
TXP TOUCHSTONE EXPLORATION
AOI. AFRICA OIL
CASP CASPIAN SUNRISE
CHAR CHARIOT OIL & GAS
MAHA A MAHA ENERGY
GKP GULF KEYSTONE PETROLEUM LTD.
ZPHR ZEPHYR ENERGY
SENX SERINUS ENERGY
TAO TAG OIL LTD
AXL. ARROW EXPLORATION LTD
HBR HARBOUR ENERGY PLC
KIST KISTOS PLC
PLSR CN PULSAR HELIUM INC.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.