Arrow Explor. Share News (AXL)

UK shareholder meetings calendar - next 7 days

Arrow Exploration says Colombia well performs above expectations

(Alliance News) - Arrow Exploration Corp on Wednesday said the CNB HZ-well 1 in Colombia is performing ahead of expectations, while another well as come into production and is also impressing.

AIM WINNERS & LOSERS: Ondine up on NHS boost; Arrow returns some gains

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Arrow Exploration says drill results validate new technology

(Alliance News) - Arrow Exploration Corp shares surged on Wednesday, after the company said results at its first Ubaque horizontal well were "exceeding expectations".

LONDON MARKET MIDDAY: Stocks stay green as UK inflation back to target

(Alliance News) - Stock prices in London continued to trend higher at midday on Wednesday, after data confirmed the return of UK inflation to its target rate of 2%.

LONDON MARKET OPEN: FTSE 100 struggles despite UK inflation respite

(Alliance News) - London's FTSE 100 moved lower early Wednesday, despite a favourable UK inflation reading which may have strengthened hope for a summer rate cut.

TRADING UPDATES: Tasty restructuring backed; Alien Metals raises funds

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Arrow begins milestone horizontal drill programme at Ubaque formation

(Alliance News) - Arrow Exploration Corp on Thursday announced the commencement of drilling at the CNB HZ-1 well.

EARNINGS: Aminex says 2024 to be "decisive"; i3 held back by wildfires

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News:

EARNINGS AND TRADING: 888 advances US exit; Arrow ups reserve estimate

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Canaccord Genuity slightly raises target price on Arrow Exploration

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on exploration and production business Arrow Exploration from 40.0p to 44.0p on Tuesday following "a very encouraging start" to the group's extensive 2024 drilling programme.

Arrow reports progress on Colombia's Tapir block

(Sharecast News) - Colombia-focussed hydrocarbon developer Arrow Exploration updated the market on activities in the Tapir Block on Tuesday, situated in the Llanos Basin, where it holds a 50% beneficial working interest.

Arrow Exploration says formation in Colombia "exceeds expectations"

(Alliance News) - Arrow Exploration Corp on Tuesday said that the Ubaque formation at Carizzales Norte in Colombia continued "to exceed expectations."

IN BRIEF: Arrow Exploration reports progress in Colombia prospects

Arrow Exploration Corp - oil and gas company with projects in Colombia and Canada - Provides operations update. Says the Petroworks 1,500-horsepower rig has arrived at the Carrizales Norte field in the Tapir block and is currently being erected. Expects the CN-4 well, targeting the Ubaque formation at CN, will spud in the latter half of January. CN-4 will be followed by CN-5 which will test the Carrizales Noroeste prospect. The CN-5 well is expected to spud in February.

IN BRIEF: Arrow Exploration set to deliver higher production in 2024

Arrow Exploration Corp - oil and gas company with projects in Colombia and Canada - Approves 2024 work programme, which includes 15 wells and a USD45 million net capital budget. States the entire capex budget will be financed by current cash reserves and operating cash flow. Says the 2024 budget focuses on the Tapir block and the development of the Carrizales Norte field. Expects to employ two rigs for the entire year on the Tapir block with a third rig being utilized as required. Plans to drill three horizontal wells at CN as well as focusing on low-risk exploration, with wells spread across the Mateguafa prospect. Believes each prospect has potential, on its own, to add materially to production, reserves and cash flow. Expects production from Oso Pardo 1 to resume in early 2024. Marshall Abbott, chief executive comments: "Arrow's fully funded, low risk drilling program for 2024 continues to build momentum across our extensive portfolio. Arrow is poised to achieve significantly higher production and commensurate cash flow through the 2024 calendar year."