Arrow Exploration Corp. , announces the issuance of a total of 2,250,000 stock options , pursuant to the Company's Stock Option Plan to certain Directors as detailed below. The Plan is intended to assist in attracting, retaining, engaging, and rewarding directors, officers, employees, and consultants of the Company, provide additional incentive to these people for their efforts on behalf of the Company, and to align with [...]
Well tested higher gas flow rate than expected Arrow Exploration Corp. is delighted to announce the results of the East Pepper well testing on the Pepper Block in the Alberta, Canada. The 100 per cent working interest East Pepper well was tested before tie-in activities began on August 30, 2022. The East Pepper well is a horizontal multi-stage fractured well producing from the Montney zone on the Pepper block. The well [...]
Arrow Exploration Corp. announces the filing of its unaudited interim Financial Statements and Management's Discussion and Analysis for the quarter ended June 30, 2022, which are available on SEDAR . All dollar figures are in U.S. dollars, except as otherwise noted. The first six months of 2022 saw the Company deploy the capital it raised at the time of its Admission to AIM on a successful two well drilling campaign at [...]
Drilling success and Colombian oil prices resulted in a 164% increase in 1P NPV, 79% increase in 2P NPV and 3P NPV increased by 67%, 2P reserve replacement ratio was 219% Arrow Exploration Corp. , is pleased to provide an operations update and announce the results of the 2022 mid-year reserve evaluation by Boury Energy Consultants Ltd. as at 30 June 2022. Highlights Proved Reserves: PDP reserves increased 25% to 1.292 [...]
Application being made for additional 1,300,000 common shares 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 1,300,000 new common shares of no par value . The application is being made for 1,300,000 new Common Shares to be admitted to [...]
Arrow Exploration Corp. the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce that further to the announcement of Canaccord Genuity Limited as its Nominated Adviser on 28 April 2022, Canaccord has confirmed that it has completed satisfactorily its due diligence. Accordingly, a Nominated Adviser Declaration has been submitted to AIM in accordance with the AIM [...]
Arrow Exploration Corp. is pleased to announce its AGM voting results. Report in Respect of Voting Results Pursuant to Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations The following sets forth a brief description of each matter voted upon at the annual general meeting of the holders of common shares of Arrow held on July 19 , 2022, and the outcome of the vote: Description of Matter Outcome of [...]
Ahead of expectation well test results, with additional zones identified Arrow Exploration Corp. is delighted to announce the results of the Rio Cravo Sur-1 well testing on the Tapir Block in the Llanos Basin of Colombia. The RCS-1 well was spud on May 23, 2022. RCS-1 targeted a three-way fault bounded structure with multiple high-quality reservoir objectives on the Tapir Block in the Llanos Basin of Colombia. The well [...]
Application being made for additional 100,000 common shares 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 100,000 new common shares of no par value . The application is being made for 100,000 new Common Shares to be admitted to trading [...]
Arrow Exploration Corp. , announces the issuance of a total of 2,300,000 stock options , pursuant to the Company's Stock Option Plan to certain Directors and senior management, as detailed below. The Plan is intended to assist in attracting, retaining, engaging, and rewarding directors, officers, employees, and consultants of the Company, provide additional incentive to these people for their efforts on behalf of the [...]
Arrow Exploration Corp. is pleased to announce a further update on the Rio Cravo Sur-1 well located on the Tapir Block in the Llanos Basin of Colombia. Spud on May 23, 2022, the RCS-1 well was drilled to a true vertical depth of 8,105 feet on June 3rd. The well has been successfully cased and cemented as of June 6th. Initial technical evaluation indicates six separate oil-bearing reservoirs, two of which were not evident [...]
Application being made to exercise 462,500 Warrants 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 462,500 new Common Shares of no par value . The application is being made for 462,500 new Common Shares to be admitted to trading on AIM [...]