Arrow Exploration Corp. , the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce that it has appointed Canaccord Genuity Limited as its new Nominated Adviser and Joint Broker with immediate effect. Further to the announcements by Arden Partners Plc on 11 and 14 April 2022, regarding the loss of its nominated adviser status upon the completion of its recommended [...]
Arrow Exploration Corp. , the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce the filing of its Annual Audited Financial Statements and MD&A for the year and quarter-ended December 31, 2021 and the filing of its 2021 year-end reserve report, which are available on SEDAR . All dollar figures are in U.S. dollars, except as otherwise noted. Arrow Exploration's [...]
Arrow Exploration Corp. , the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, announces that pursuant to the receipt of notices for the exercise of warrants issued in October 2021, it has issued 240,000 new common shares of no par value . Further, the Company has identified that prior to its admission to AIM on 25 October 2021 there were 68,674,622 Common Shares in issue, and not [...]
Marshall Abbott, Chief Executive Officer, Arrow Exploration Corp. shares his Company's story in an interview with TMX Group. The View From The C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest View From The C-Suite visit [...]
Arrow Exploration Corp. is pleased to announce a further update on the Rio Cravo Este-2 well on the Tapir Block in the Llanos Basin of Colombia. The RCE-2 well was spud on 2 April 2022. The well is targeting a large, three-way fault-bounded structure with multiple high-quality reservoir objectives. As of 14 April, the RCE-2 well was successfully drilled to a total depth of 9,674 feet and penetrated targeted formations at [...]
Arrow Exploration Corp. , the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, announces that, on 15 February 2022, Marshall Abbott exercised, for cash, 400,000 options at C$0.05 per common share of no par value , and on 16 February 2022 Max Satel, PDMR, exercised 375,000 options at C$0.05 per Common Share in return for the issue of 375,000 new Common Shares. Following the exercise [...]
Arrow Exploration Corp. is pleased to announce that the contracted Top Drilling Company rig has spud the Rio Cravo Este-2 well on the Tapir Block in the Llanos Basin of Colombia. The Company is also pleased to share an update on its 2022 corporate outlook. Marshall Abbott, CEO of Arrow commented: "We are delighted to have spud the second well at Rio Cravo Este, RCE-2, on the Tapir Block. Following the completion of [...]
NPV-10 VALUES INCREASED 208% FOR 1P AND 146% FOR 2P RESERVES PDP RESERVES INCREASED 152% TO 1.0 TIE-IN AT WEST PEPPER; PDP RESERVES REPRESENT 34% OF 1P LOW-NPV-10 PER SHARE OF US$0.14/SHARE, US$0.39/SHARE, AND US$0.63/SHARE FOR 1P, 2P, AND 3P RESERVE CATEGORIES, RESPECTIVELY Arrow Exploration Corp. is pleased to announce the results of its 2021 year-end reserves evaluation by Boury Global Energy Consultants Ltd [...]
Arrow Exploration Corp. wishes to announce a further operational update in connection with the drilling of its next scheduled well, the RCE-2 well, at the Rio Cravo Este Field in Colombia. The Lee C. Moore 1,500 HP unit with a 500 ton top drive is currently being mobilized to the RCE-2 drilling location. A minor delay with rig scheduling has been overcome, and the partners on the Tapir Block now expect the RCE-2 well to [...]
Arrow Exploration Corp. is pleased to share an operational update in connection with the drilling of the next well, the RCE-2 well, at the Rio Cravo Este Field in Colombia. The Company continues to quickly advance towards drilling the RCE-2 well. The partners on the Tapir Block have largely completed the community socialization process, which includes informational meetings with the communities, sourcing local labour and [...]
Arrow Exploration Corp. is pleased to share certain information regarding its attendance at an upcoming virtual investor conference. Arrow's executive team will be presenting at the Proactive One2One Virtual Forum on February 22nd, 2022. The event takes place at 6:00 pm GMT , and the Company will be presenting second in the order, at approximately 6:30 pm GMT . Interested shareholders and investors are encouraged to log [...]
Arrow Exploration Corp. is pleased to share an operational update, as well as near-term plans for its Colombian and Canadian assets. Highlights Production as of January 21st, 2022 was approximately 1,320 boe/d , benefiting from rising Brent Crude oil prices and strong natural gas prices in Canada 453 bbl/s oil production from Colombian portfolio 868 boe/d gas production from Canadian portfolio Organic growth opportunities [...]