Arrow Exploration Corp - Calgary, Canada-based oil and gas company with projects in Columbia and Canada - As of Friday last week, the West Pepper well is Alberta, Canada has been brought on stream, with initial stabilised production rates at 6.2 million cubic feet of gas per day, or 1,030 barrels of oil equivalent per day.
"Production initiation at the West Pepper Well represents a step change in our overall production profile. The well is expected to generate significant additional revenue and cash flow for the company going forward," says Chief Executive Officer Marshall Abbott.
Current stock price: 7.36 pence
Year-to-date change: down 0.3% since October 25
By Dayo Laniyan; dayolaniyan@alliancenews.com
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