In February 2020, Arrow Exploration Corp announced they are looking for partners to explore the LLA 23 Block on the Llanos Basin as part of their near-term company strategy.  The 465.17 sq km LLA 23 Block is owned and operated by Carrao Energy SA, a subsidiary of Arrow Exploration. The original block was awarded in March 2009 to Petromont SA and in September 2018 Carrao Energy became the owner and operator of the LLA 23 Block after Canacol Energy Ltd sold some of its assets to Arrow Exploration. Canacol Energy became the operator of the block with 71% working interest, in November 2011, and partner Green Power Sucursal Colombia held the remaining 29% working interest.   Background information  The LLA 23 Block is relatively unexplored, with about 21 wells drilled, 4 producing fields and 1 discovery (Pumara 1).          LLA 23 Block Producing   Fields and discoveries         Â          Â          Â          Â              Field/Discovery         Discovery         Spudded         Total Depth         Put on Stream         Cum Oil (end 2018)         Cum Gas (end 2018)         Main reservoir             Labrador         Agueda 1 ST         Nov-12         11,130 ft (3,392 m)         Dec-12         3.9 MMbo         486.3 MMscfg         U. Cret. Gacheta Fm.             Leono - Pantro         Leono 1         Nov-13         11,995 ft (3,656 m)         Dec-13         1.8 MMbo         56.2 MMscfg         U. Cret. Gacheta Fm.             Tigro         Tigro 1         Aug-14         12,270 ft (3,740 m)         Sep-14         327.7 Mbo         Â          Eoc. Mirador Fm.             Maltes         Maltes 1         2014         Â          Dec-14         106.2 Mbo (end of 2016)         2.2 MMscfg (end of   2016)         Oli. - Eoc. Carbonera   C7 Mb.             Pumara 1          Pumara 1         Mar-17         10,713 ft (3,265 m)         Â          Â          Â          Oli. - Eoc. Carbonera   C7 Mb.             Danes         Danes 1         Oct-18         11,276 ft (3,437 m)         Nov-18         22.8 Mbo         606 Mscfg         U. Cret. Gacheta Fm.             Source: IHS Markit         Â          Â          Â          Â          Â          Â          Â©   2020 IHS Markit
n February 2020, Arrow Exploration Corp announced they are looking for partners to explore the LLA 23 Block on the Llanos Basin as part of their near-term company strategy. The 465.17 sq km LLA 23 Block is owned and operated by Carrao Energy SA, a subsidiary of Arrow Exploration. 