Arrow's Exercise of Warrants and Total Voting Rights
Calgary, Alberta--(Newsfile Corp. - May 19, 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 50,000 new common shares of no par value ("Common Shares"). The application is being made for 50,000 new Common Shares to be admitted to trading on AIM...
2022-05-19 2:00 AM EDT
Arrow Announces Test Results of RCE-2 Well
Calgary, Alberta--(Newsfile Corp. - May 18, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") is delighted to announce the results of the Rio Cravo Este-2 ("RCE-2") well testing on the Tapir Block in the Llanos Basin of Colombia. The RCE-2 well was spud on April 2, 2022. RCE-2 targeted a large, 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...
2022-05-18 2:00 AM EDT
Arrow's Notice of Annual General Meeting
Calgary, Alberta--(Newsfile Corp. - May 18, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") will hold its 2022 Annual General and Special Meeting on July 19 at 12 noon ET/5 p.m. GMT with a Record Date of June 9, 2022. The Company will publish a management information circular to shareholders containing the notice of the 2022 Annual General and Special Meeting no later than June 17, 2022. For further Information, contact: Arrow Exploration Marshall Abbott, CEO...
2022-05-18 2:00 AM EDT
Arrow Exploration Corp.: Appointment of Nomad and Joint Broker
Calgary, Alberta--(Newsfile Corp. - April 28, 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 announce that it has appointed Canaccord Genuity Limited ("Canaccord Genuity") as its new Nominated Adviser and Joint Broker with immediate effect. Further to the announcements by Arden Partners Plc on 11 and 14 April 2022, regarding the loss of its nominated adviser status upon the...
2022-04-28 7:00 AM EDT
Arrow Exploration Corp.: 2021 Annual Results, Filing of Audited Financial Statements, MD&A and Reserves Report
Calgary, Alberta--(Newsfile Corp. - April 26, 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 announce the filing of its Annual Audited Financial Statements and MD&A for the year and quarter-ended December 31, 2021 and the filing of its 2021 year-end reserve report, which are available on SEDAR (www.sedar.com). All dollar figures are in U.S. dollars, except as otherwise noted....
2022-04-26 7:00 AM EDT
Arrow Exploration Corp: Exercise of Warrants and Total Voting Rights
Calgary, Alberta--(Newsfile Corp. - April 25, 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 240,000 new common shares of no par value ("Common Shares"). Further, the Company has identified that prior to its admission to AIM on 25 October 2021 there...
2022-04-25 5:00 PM EDT
Arrow Exploration Corp.: Further Update on RCE-2 Well
Calgary, Alberta--(Newsfile Corp. - April 19, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) is pleased to announce a further update on the Rio Cravo Este-2 well ("RCE-2 well") on the Tapir Block in the Llanos Basin of Colombia. The RCE-2 well was spud on 2 April 2022. The well is targeting a large, three-way fault-bounded structure with multiple high-quality reservoir objectives. As of 14 April, the RCE-2 well was successfully drilled to a total depth of 9,674 feet (True Vertical...
2022-04-19 7:00 AM EDT
Arrow Exploration Corp.: Director/PDMR Exercise of Options, Exercise of Warrants and Total Voting Rights
Calgary, Alberta--(Newsfile Corp. - April 6, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, announces that, on 15 February 2022, Marshall Abbott (CEO) exercised, for cash, 400,000 options at C$0.05 per common share of no par value ("Common Share"), and on 16 February 2022 Max Satel, PDMR, exercised 375,000 options at C$0.05 per Common Share in return for the issue of 375,000 new Common...
2022-04-06 7:00 AM EDT
Arrow Exploration Corp.: Spudding of RCE-2 Well and 2022 Corporate Outlook
Calgary, Alberta--(Newsfile Corp. - April 4, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) is pleased to announce that the contracted Top Drilling Company rig has spud the Rio Cravo Este-2 ("RCE-2") well on the Tapir Block in the Llanos Basin of Colombia. The Company is also pleased to share an update on its 2022 corporate outlook. Marshall Abbott, CEO of Arrow commented: "We are delighted to have spud the second well at Rio Cravo Este, RCE-2, on the Tapir Block. Following the...
2022-04-04 7:00 AM EDT
Arrow Exploration Corp. ("Arrow" or the "Company") 2021 Year-End Reserves
Calgary, Alberta--(Newsfile Corp. - March 30, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) is pleased to announce the results of its 2021 year-end reserves evaluation by Boury Global Energy Consultants Ltd. ("BouryGEC"). Currency amounts are in
2022-03-30 7:00 AM EDT
Arrow Exploration Corp.: Further Operational Update Regarding RCE-2 Well
Calgary, Alberta--(Newsfile Corp. - March 14, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") wishes to announce a further operational update in connection with the drilling of its next scheduled well, the RCE-2 well, at the Rio Cravo Este Field (Tapir Block) in Colombia. The Lee C. Moore 1,500 HP unit with a 500 ton top drive is currently being mobilized to the RCE-2 drilling location. A minor delay with rig scheduling has been overcome, and the partners on...
2022-03-14 7:00 AM EDT
Arrow Exploration Corp. ("Arrow" or the "Company") Operational Update Regarding RCE-2 Well
Calgary, Alberta--(Newsfile Corp. - February 22, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) is pleased to share an operational update in connection with the drilling of the next well, the RCE-2 well, at the Rio Cravo Este Field (Tapir Block) in Colombia. The Company continues to quickly advance towards drilling the RCE-2 well. The partners on the Tapir Block (Arrow 50% : PetrolCo 50%) have largely completed the community socialization process, which includes informational meetings...
2022-02-22 7:00 AM EST
Arrow Exploration Corp. ("Arrow" or the "Company") Conference Attendance
Calgary, Alberta--(Newsfile Corp. - February 17, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) is pleased to share certain information regarding its attendance at an upcoming virtual investor conference. Arrow's executive team will be presenting at the Proactive One2One Virtual Forum ("Forum") on February 22nd, 2022. The event takes place at 6:00 pm GMT (1:00 pm EST), and the Company will be presenting second in the order, at approximately 6:30 pm GMT (1:30 pm EST). Interested...
2022-02-17 7:00 AM EST
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 Canada453 bbl/s oil production from Colombian portfolio 868 boe/d gas production from Canadian portfolio Organic...
2022-01-27 7:00 AM EST
Arrow Exploration Corp.: Grant of Stock Options
Calgary, Alberta--(Newsfile Corp. - December 14, 2021) - 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 the grant on 13 December 2021 of 11,400,000 stock options ("Options") pursuant to the Company's Stock Option Plan (the "Plan") to certain Directors and senior management, as detailed further below. The Plan is intended to assist in attracting, retaining,...
2021-12-14 8:00 AM EST
Arrow Exploration Corp.: West Pepper Well on Production
Calgary, Alberta--(Newsfile Corp. - December 13, 2021) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") is pleased to announce that as of December 10th, 2021 the Dalehurst 06-26-52-23W5 well ("West Pepper Well") located near Edson, Alberta, Canada was brought on stream. Initial stabilized production rates are 6.2 MMscf/d of natural gas, or over 1,030 boe/d, at 7,214 kPa tubing pressure, 30,048 kPa casing pressure, and with no water production. With the additional...
2021-12-13 8:00 AM EST
Arrow Exploration Corp. Third Quarter Interim Results Close of Private Placement and Appointment of Joint Broker
Calgary, Alberta--(Newsfile Corp. - November 24, 2021) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce the filing of its unaudited Financial Statements and MD&A for the quarter-ended September 30, 2021, which are available on SEDAR (www.sedar.com). All dollar figures are in U.S. dollars, except as otherwise noted. FINANCIAL AND OPERATING HIGHLIGHTS Financial and operating...
2021-11-24 2:00 AM EST
Arrow Exploration Corp.: Investor Presentation
Calgary, Alberta--(Newsfile Corp. - October 29, 2021) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce that Gage Jull, Executive Chairman and Marshall Abbott, CEO will provide a live presentation via the Investor Meet Company platform on 4th November 2021 at 2:30 pm GMT. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event...
2021-10-29 2:00 AM EDT
Arrow Exploration Corp. Announces First Day of Dealings on AIM and Closing of Previously Announced Financing
Calgary, Alberta--(Newsfile Corp. - October 25, 2021) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce the admission of its entire issued and to be issued share capital to trading on the AIM market of the London Stock Exchange plc ("Admission"), in conjunction with a fundraising of approximately £8.8 million (C$15.0 million). Admission will take place, and dealings in its...
2021-10-25 2:00 AM EDT
Arrow Exploration Corp. Announces Fundraising and Publication of AIM Admission Document
Calgary, Alberta--(Newsfile Corp. - October 20, 2021) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") , the oil and gas exploration and production company, is pleased to announce that it has conditionally raised approximately £8.8 million (C$15.0 million), through a placing and subscription for new common shares with new investors, Canacol Energy Ltd. ("Canacol"), and executive management (together, the "Fundraising") and is today publishing an AIM Admission...
2021-10-20 7:00 AM EDT