Another demonstration of seriousness and dedication to value creation27 Jan 2022 13:33
News out this AM in Canada
Arrow Exploration Corp. Announces Operations Update
Calgary, Alberta--(Newsfile Corp. - January 27, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) is pleased to share an operational update, as well as near-term plans for its Colombian and Canadian assets.
Highlights
Production as of January 21st, 2022 was approximately 1,320 boe/d (net to Arrow), benefiting from rising Brent Crude oil prices and strong natural gas prices in Canada
453 bbl/s oil production from Colombian portfolio
868 boe/d gas production from Canadian portfolio
Organic growth opportunities advancing, with the RCE-2 well on the Tapir Block, Colombia expected to commence drilling in early March and the Company considering tie-in opportunities in Canada, given the success of the West Pepper well
Acquisition market remains robust, with the Company continuing to evaluate numerous opportunities