Arrow Exploration Corp. the high-growth operator with a portfolio of assets across key Colombian hydrocarbon provides the following update in accordance with Schedule Six of the AIM Rules for Companies regarding its existing block listing arrangements. Name of company Arrow Exploration Corp. Name of scheme Arrow block listing Period of return 8 November 2022 to May 5, 2023 Number and Class of Securities not issued at the [...]
Arrow Exploration Corp. the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, announces that it has spud the Carrizales Norte-1 well on the Tapir Block in the Llanos Basin of Colombia using the contracted Petroworks rig. The well is targeting a large, three-way fault-bounded structure with multiple high-quality reservoir objectives. The well will be drilled to a measured depth of [...]
Arrow Exploration Corp. the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, announces the filing of its Annual Audited Financial Statements and Management's Discussion and Analysis for the quarter and year ended December 31, 2022 and the filing of its 2022 year-end reserves report, which are available on SEDAR and will also shortly be available on Arrow's website at [...]
RCE-5 now on production Arrow Exploration Corp. is pleased to provide an update on the drilling activity at Rio Cravo Este on the Tapir Block in the Llanos Basin of Colombia and is providing an operations update. RCE-5 The RCE-5 well was spud on March 19, 2023, and reached target depth on March 29, 2023. RCE-5 was the sixth well drilled into the RCE field and results from this well have further confirmed the high [...]
Production zones identified Arrow Exploration Corp. , the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to provide an update on the drilling of Rio Cravo Este-5 , a development well on the Rio Cravo oil field within the Tapir Block in the Llanos Basin of Colombia, and is providing an operations update. RCE-5 Update The RCE-5 well reached total depth on March 29, 2023 [...]
Arrow Exploration Corp. , the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce that it has issued 7,786,355 Common Shares in the month of March pursuant to the exercise of warrants issued at the Company's IPO in October 2021. All of the New Common Shares issued during the month were issued under the Company's existing block listing entitlement. Following the [...]
BEFORE TAX NPV-10 VALUES INCREASED 97% FOR 1P AND 51% FOR 2P RESERVES, 1P AND 2P RESERVE REPLACEMENT RATIO WAS 165% AND 164% RESPECTIVELY Arrow Exploration Corp. is pleased to announce the results of its 2022 year-end reserves evaluation by Boury Global Energy Consultants Ltd. . All reserves volume figures stated below are on a Working Interest Gross Reserve basis. Currency amounts are in United States dollars and [...]
RCE-4 producing from the C7-A and the C7 Stringer Arrow Exploration Corp. is pleased to provide an update on the drilling activity at Rio Cravo Este on the Tapir Block in the Llanos Basin of Colombia. RCE-4 The RCE-4 well was spud on March 1, 2023 and reached target depth on March 8, 2023. RCE-4 targeted a three-way fault bounded structure with multiple high-quality reservoir objectives. The well was drilled to a total [...]
Production zones identified Arrow Exploration Corp. , the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to provide an update on the drilling activity at Rio Cravo Este on the Tapir Block in the Llanos Basin of Colombia. RCE-4 Update The RCE-4 well was spud on March 1, 2023, and reached total depth on March 8, 2023. RCE-4 is located within the RCE oil field on the Tapir [...]
Arrow Exploration Corp. announces the resignation of Maria Charash, Director. Maria Charash, Director of Arrow since June 3, 2021, has resigned to pursue other opportunities. Ms. Charash assisted Arrow with its transformation to an AIM listed company, and her hard work and dedication in the furtherance of Arrow's ongoing success is greatly appreciated. We would like to thank Ms. Charash for her many contributions to the [...]
RCE-3 producing from the C7-A and the C7 Stringer Arrow Exploration Corp. is pleased to provide an update on the Rio Cravo Este-3 well , an appraisal / development well on the Tapir Block in the Llanos Basin of Colombia. RCE-3 The RCE-3 well was spud on February 8, 2023 and reached target depth on February 16, 2023. RCE-3 targeted a three-way fault bounded structure with multiple high-quality reservoir objectives on the [...]
Arrow Exploration Corp. , the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce that it has issued 600,000 Common Shares in the month of February pursuant to the exercise of warrants issued at the Company's IPO in October 2021. All of the New Common Shares issued during the month were issued under the Company's existing block listing entitlement. Following the [...]