Member Info for SEA7

HtTps://oilprice.com/Energy/Natural-Gas/Petros-Policies-Are-Decimating-Colombias-Natural-Gas-Industry.html

Colombia is experiencing a severe energy crisis due to a sharp decline in its proven natural gas reserves, which now stand at less than a six-year production life.

Domestic natural gas production is falling due to rising decline rates at mature fields and new government policies, such as ceasing new exploration contracts and hiking taxes, which has discouraged foreign investment.

The widening gap between rising demand and plunging domestic supply is forcing Colombia to ramp up costly liquefied petroleum gas imports, which is causing natural gas prices to soar and impacting the national economy.

The Mateguafa Horizontal 9 (M-HZ9) spud on January 21, 2026. This well is targeting the C9 formation, which all wells drilled at Mateguafa have encountered. Expectations are that the well will take approximately three weeks to drill and complete.

Three weeks is yesterday.

Expectations are that Mateguafa 10 and 11 ("M-10", "M-11") will be drilled shortly after M-HZ9.

the Company plans to move the rig to the Icaco pad to drill an exploration well, which is expected to spud in Q2. The Icaco pad has been completed, and currently five cellars are being constructed. Expectations are that the cellars will be complete and ready to receive the rig from late February.

...

a non stop drilling program

Should already be above 20p - no matter what question I shove into chatgpt about arrow it consistently responds with how cheap it is and how it is priced as a distressed no growth stock, rather than the profitable growing producer that it is.

Not much change to the shareholder list now that it has been updated to 31st Jan -

Hargreaves landsdown up to 7.15% from 6.62%

fidelity down from 9.83% to 9.80%

I agree with legache at this time.

JSE has been through the mill with montara and the cost overruns on skua 11st. The work is still ongoing at montara, albeit far closer to the end now. I would much prefer that we continue to rebuild the cash pile, whilst steadily paying down the debt we have.

akatara is delivering as planned, we are in the cost recovery phase, whereby we get nearly all the revenue. Once that cost recovery phase comes to an end, the contract reverts to 60/40 split, with 60% to the govt and 40% to the contractor - jadestone. 60/40 is after normal running costs subtracted first if i recall.

lets rebuild the balance sheet strength, then go after some deals

The Mateguafa Horizontal 9 (M-HZ9) spud on January 21, 2026. This well is targeting the C9 formation, which all wells drilled at Mateguafa have encountered. Expectations are that the well will take approximately three weeks to drill and complete and will be put onto production thereafter.

..

that was 16 days ago, so news could be any day now

The debt is amortising between now and march 2027.

They are also focused on refinancing it as well

No asset sales are needed

That is a good steady as she goes update

I note that singer was on the bid at 16p at the open, however, despite almost no sells at that price, they moved off and positioned lower at 15p, exposing canacord as the highest bid at 15.5p.

even though someone picked up £16k of stock shortly before at the full offer.

artificial drop in price

Https://www.theedgesingapore.com/news/oil-gas/oil-options-longest-bullish-run-2024-iran-risk-looms

The uncertainty is leading to chunky additions of bullish options contracts. Open interest in Brent call options has accrued at the fastest pace this month in at least six years, according to Bloomberg calculations of ICE Futures Europe data. It follows the busiest ever day of Brent crude call options trading earlier this month.

Hedge funds have also boosted net-bullish wagers on crude to the highest since August, while several volatility gauges also hit multimonth highs over the past few weeks.

A possible American intervention stands to disrupt the OPEC producer’s roughly 3.3 million barrels-a-day oil production. Consultant Rapidan Energy Group recently raised the odds that an Iranian retaliation to potential US strikes would result in a substantial disruption in Gulf energy flows from 15% to 20%.

Https://www.theedgesingapore.com/news/oil-gas/oil-options-longest-bullish-run-2024-iran-risk-looms

The uncertainty is leading to chunky additions of bullish options contracts. Open interest in Brent call options has accrued at the fastest pace this month in at least six years, according to Bloomberg calculations of ICE Futures Europe data. It follows the busiest ever day of Brent crude call options trading earlier this month.

Hedge funds have also boosted net-bullish wagers on crude to the highest since August, while several volatility gauges also hit multimonth highs over the past few weeks.

A possible American intervention stands to disrupt the OPEC producer’s roughly 3.3 million barrels-a-day oil production. Consultant Rapidan Energy Group recently raised the odds that an Iranian retaliation to potential US strikes would result in a substantial disruption in Gulf energy flows from 15% to 20%.

Going forward...from the rns...they are still actively looking for bolt ons

Arrow's focus is to increase production while maintaining a strong balance sheet and the financial flexibility to take advantage of acquisition and acceleration opportunities.

I have also added yesterday !

That is correct legache - they are more of an asset management and credit firm these days. They re-invented theirselves after the NXP semiconductor M and A bet of half a billion went wrong back in 2018 causing them to take a 14% loss. That hurt and they won't be repeating that mistake ever again. It took four years for Tony to reinvent Tyrus into what it is today.

They haven't changed their holding since June 2023. This looks like a bit of portfolio rebalancing to me.

And gold at 5550 this morning. 6 days after hitting 5000

A good webinar - talks of funding ok for now, with additional funds coming in and applied for. aiming to avoid dilutive funding via raises. They are planning to make an announcement next week or so, relating to cost cutting etc

On November 1, 2025, the Company's cash balance was US$8.2 million

On January 1, 2026, the Company's cash balance was US$11.5 million. The Company continues to have no debt.

pretty good going - increase of $3.3 million in two months

M8 is on production, overall production is up to 4625 boed and 11.5 mill in cash

Decent update

And up for sale...

As a mid-tier gold asset in a highly attractive mining jurisdiction with a full mining licence in place, the asset is well positioned to be a strategic potential bolt on acquisition for neighbouring gold producers and developers.