Arrow Exploration Corp. , a company headquartered in Calgary, Alberta and its wholly-owned subsidiary Carrao Energy, is pleased to announce that the Company's Danes-1 exploration well on the Llanos-23 Block in Colombia has been spud. The Danes-1 well is targeting a faulted 3-way structural dip closure that was delineated by a previously shot 3D seismic program on the block. The Danes-1 well is expected to take up to 25 [...]
Arrow Exploration Corp. , a company headquartered in Calgary, Alberta with operations in Colombia and Western Canada, announces the issuance of a total of 6,350,000 stock options pursuant to the Company's Stock Option Plan , to Directors, Officers and Employees of the Company, subject to regulatory approval. The Plan is intended to assist in attracting, retaining, engaging and rewarding directors, officers, employees and [...]
Arrow Exploration Corp. today has made a new investor presentation available through the "Investor Information" section of Arrow's website at arrowexploration.ca Reader Advisory The TSXV has neither approved nor disapproved of the contents of this news release. This news release is not an offer of the securities for sale in the United States. The securities have not been registered under the United States Securities Act [...]
ARROW Exploration is pleased to provide an operational and financial update. The Company shares resume trading under the name Arrow Exploration today. Operational Update Following the announcement on October 1, 2018 of the close of the reverse takeover of Front Range Resources and asset acquisitions, total corporate production is approximately 1,500 boe/d of stable, low-decline production with Colombia crude oil [...]
ARROW Exploration is pleased to announce that, further to its news releases dated June 4, 2018, August 27, 2018, Sept 17, 2018 and Sept 24, 2018, Arrow has closed its previously announced acquisition of Carrao Energy from Canacol Energy as well as the asset purchase of a 50% beneficial interest in an undeveloped block in Colombia’s Llanos Basin from Samaria Exploration & Production. In addition, the previously announced [...]
ARROW Exploration and Front Range Resources are pleased to announce that, further to the joint news releases issued by Arrow and Front Range dated June 4, 2018, August 27, 2018 and September 17, 2018, Front Range has closed its previously announced private placement financing of units of Front Range for gross proceeds of US$630,000. Each Unit subscribed for under the private placement was comprised of eight and one-half [...]
ARROW Exploration and Front Range Resources are pleased to announce that, further to the joint news releases issued by Arrow and Front Range dated June 4, 2018 and August 27, 2018, Arrow has closed its previously announced private placement financing of Subscription Receipts for gross proceeds of US$17.69 million as of Sept 17, 2018. The Subscription Receipt financing is the first of two steps in Arrow’s planned financing [...]
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