Arrow Exploration Announces Operations Update, 2023 Capital Budget and TVR
Calgary, Alberta--(Newsfile Corp. - February 1, 2023) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to provide an operations update including its 2023 capital budget, and changes in total voting rights (TVR). Operations Update Drilling Rig Arrives at Rio Cravo Este Multiwell Pad The contracted 1,500 HP drilling rig has arrived at the multiwell pad at Rio Cravo...
2023-02-01 2:00 AM EST
Arrow Exploration Announces Operations Update, PDMR Exercise of Options and TVR
Calgary, Alberta--(Newsfile Corp. - December 23, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to provide an operations update and report on the granting and exercise of options by certain Directors and PDMRs. Operations Update Drilling Rig Mobilized to Rio Cravo Este Multiwell Pad Arrow has initiated the drilling rig move to Rio Cravo Este (RCE) to further exploit the Carbonera...
2022-12-23 2:00 AM EST
Arrow Announces Record Third Quarter Results, Provides Operational Update and Announces Issuance of Common Shares
Calgary, Alberta--(Newsfile Corp. - November 29, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") announces the filing of its unaudited interim Financial Statements and Management's Discussion and Analysis ("MD&A") for the quarter ended September 30, 2022, which are available on SEDAR (www.sedar.com). All dollar figures are in U.S. dollars, except as otherwise noted. Highlights: The Third Quarter has been the best quarter in the Company's history generating...
2022-11-29 2:00 AM EST
Blocklisting Application and Change of Auditor
Calgary, Alberta--(Newsfile Corp. - November 7, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), the oil and gas exploration and production company with key interests in basins in Colombia and Canada, announces that an application has been made to the London Stock Exchange for a block listing of securities in respect of 40,000,000 Common Shares (the "New Common Shares") to be admitted to trading on AIM. It is expected that admission will become effective on...
2022-11-07 2:00 AM EST
Arrow Announces Operations Update
Calgary, Alberta--(Newsfile Corp. - November 1, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), is pleased to provide an operations update. Operations Update Canadian operations East Pepper tie-inFollowing reporting of successful testing of the East Pepper well in September, the Company is now pleased to confirm the tie-in has been completed, and production began on October 25th Initial rate was 7.6 mmcf/d or approximately 1,260 boe/d The well has been...
2022-11-01 2:00 AM EDT
Arrow's Exercise of Warrants and Total Voting Rights
Calgary, Alberta--(Newsfile Corp. - October 20, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), 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 476,190 new common shares of no par value ("Common Shares"). The application is being made for 476,190 new Common Shares to be admitted to trading on AIM...
2022-10-20 2:00 AM EDT
Operations Update and Exercise of Warrants
Calgary, Alberta--(Newsfile Corp. - October 13, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), is pleased to provide an operations update. Operations Update Rigs and equipment are currently moving into place for the Q4 tie in, workover and drilling program. East Pepper tie-inAll licences and approvals have been received Tie-in work began on September 28 Production expected to begin by the end of October Expected IP rate of 1,000 boe/d and the Company...
2022-10-13 2:00 AM EDT
Arrow Announces Issuance of Stock Options
Calgary, Alberta--(Newsfile Corp. - September 9, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), announces the issuance of a total of 2,250,000 stock options ("Options"), pursuant to the Company's Stock Option Plan ("the 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...
2022-09-09 2:00 AM EDT
Arrow Announces Test Results of East Pepper Well
Calgary, Alberta--(Newsfile Corp. - September 7, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") 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 (100/14-21-052-22W5/3) 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....
2022-09-07 2:00 AM EDT
Arrow Announces Second Quarter Results
Calgary, Alberta--(Newsfile Corp. - August 29, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") announces the filing of its unaudited interim Financial Statements and Management's Discussion and Analysis ("MD&A") for the quarter ended June 30, 2022, which are available on SEDAR (www.sedar.com). 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...
2022-08-29 6:00 PM EDT
Arrow Announces Operations Update, Upcoming Projects and Mid-Year Reserves Results
Calgary, Alberta--(Newsfile Corp. - August 24, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), is pleased to provide an operations update and announce the results of the 2022 mid-year reserve evaluation by Boury Energy Consultants Ltd. ("BouryGEC") as at 30 June 2022. Highlights Proved (1P) Reserves:PDP reserves increased 25% to 1.292 MMBls mainly from the Tapir Block. 1P reserves also increased by 17% to 3.567 MMBls reflecting the positive results from the...
2022-08-24 2:00 AM EDT
Arrow's Exercise of Warrants and Total Voting Rights
Calgary, Alberta--(Newsfile Corp. - August 15, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), 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 ("Common Shares"). The application is being made for 1,300,000 new Co
2022-08-15 2:00 AM EDT
Arrow Announces Appointment of NOMAD and Joint Broker
Calgary, Alberta--(Newsfile Corp. - July 22, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") 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 ("Canaccord") 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...
2022-07-22 2:00 AM EDT
Arrow Announces AGM Voting Results
Calgary, Alberta--(Newsfile Corp. - July 20, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") 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 (the "Meeting") of the holders of common shares of Arrow held on July 19 , 2022, and the...
2022-07-20 2:00 AM EDT
Arrow Announces Test Results of RCS-1 Well
Calgary, Alberta--(Newsfile Corp. - June 27, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") is delighted to announce the results of the Rio Cravo Sur-1 ("RCS-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 was drilled to a total measured...
2022-06-27 2:00 AM EDT
Arrow's Exercise of Warrants and Total Voting Rights
Calgary, Alberta--(Newsfile Corp. - June 23, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" of the "Company"), 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 ("Common Shares"). The application is being made for 100,000 new Common Shares to be admitted to trading on AIM...
2022-06-23 2:00 AM EDT
Arrow Announces Issuance of Stock Options and Filing of AGM Materials
Calgary, Alberta--(Newsfile Corp. - June 10, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), announces the issuance of a total of 2,300,000 stock options ("Options"), pursuant to the Company's Stock Option Plan ("the 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...
2022-06-10 2:00 AM EDT
Arrow Announces Total Depth Reached on RCS-1 Well
Calgary, Alberta--(Newsfile Corp. - June 8, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") is pleased to announce a further update on the Rio Cravo Sur-1 ("RCS-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 ("TVD") 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...
2022-06-08 2:00 AM EDT
Arrow Announces Exercise of Company Warrants
Calgary, Alberta--(Newsfile Corp. - June 6, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" of the "Company"), 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 ("Common Shares"). The application is being made for 462,500 new Common Shares to be admitted to trading on AIM...
2022-06-06 2:00 AM EDT
Arrow Announces RCE-2 Well on Stream, RCS-1 Spud and First Quarter Results
Calgary, Alberta--(Newsfile Corp. - May 30, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") announces that the Rio Cravo Este-2 ("RCE-2") well was brought on production on May 23, 2022. The Company has also successfully spud the next well, RCS-1 (Rio Cravo Sur-1) on May 23rd in the Tapir Block of its Rio Cravo Este 2 area, located in the Llanos Basin of Colombia. In addition, Arrow announces the filing of its unaudited interim Financial Statements and...
2022-05-30 2:00 AM EDT