CORRECTION FROM SOURCE: Arrow Announces Q1 2024 Interim Results
GENERAL TEXT AMENDMENTThe following amendments have been made to the 'Arrow Announces Q1 2024 Interim Results' announcement released on 30 May 2024 at 12:00am (MT).The Company quoted the Q1 2022 production figures rather than Q1 2023 figures for the purposes of comparison. This was a typographical error and has been amended as per the below. The original announcement read "Average corporate production up 139% to 2,730 boe/d (Q1 2023: 1,144 boe/d)." This has been amended to read "Average...
2024-06-04 2:00 AM EDT
Arrow Announces Q1 2024 Interim Results
Calgary, Alberta--(Newsfile Corp. - May 30, 2024) - 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 filing of its Interim Condensed (unaudited) Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2024 which are available on SEDAR (www.sedar.com) and will also be available shortly on Arrow's website at www.arrowexploration.ca. Q1 2024 Highlights:Recorded $14.4 million...
2024-05-30 2:00 AM EDT
Arrow Announces the Spud of the CNB HZ-1 Well
Calgary, Alberta--(Newsfile Corp. - May 16, 2024) - 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 the spud of the Carrizales Norte B pad Horizontal Well 1 ("CNB HZ-1") on the Tapir Block in the Llanos Basin of Colombia.The CNB HZ-1 well will develop the Ubaque formation which has been successfully delineated by the CN Q1 2024 well program....
2024-05-16 2:00 AM EDT
Arrow Announces Grant of Stock Options
Calgary, Alberta--(Newsfile Corp. - April 30, 2024) - 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 a stock options grant.Stock Options GrantThe Company has granted 9,843,887 stock options ("Options") to Directors, executives and employees, pursuant to the Company's Stock Option Plan (the "Plan"). The Plan is intended to assist in attracting, retaining, engaging and rewarding directors, officers and employees of...
2024-04-30 2:00 AM EDT
Arrow Announces 2023 Audited Year End and Q4 2023 Results, Filing of Audited Financial Statements, MD&A and Reserves Report
Calgary, Alberta--(Newsfile Corp. - April 29, 2024) - 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 filing of its Annual Audited Financial Statements and Management's Discussion and Analysis ("MD&A") for the quarter and year ended December 31, 2023 and the filing of its 2023 year-end reserves report, which are available on SEDAR (www.sedar.com) and will also shortly be available on Arrow's website...
2024-04-29 2:00 AM EDT
Arrow Announces PDMR Exercise of Options
Calgary, Alberta--(Newsfile Corp. - April 2, 2024) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, announces the exercise of options by two Directors. Arrow announces that the following directors exercised 416,667 options for common share of no par value ("Common Share"). A summary of the options exercised is as follows:
2024-04-02 2:00 AM EDT
Arrow Exploration Corp. 2023 Year-End Reserves and Operations Update
BEFORE TAX NPV-10 VALUES INCREASED 133 % FOR 1P AND 120 % FOR 2P RESERVES, 1P AND 2P RESERVE REPLACEMENT RATIO WAS 340 % AND 621 % RESPECTIVELYCalgary, Alberta--(Newsfile Corp. - March 28, 2024) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company") is pleased to announce the results of its 2023 year-end reserves evaluation by Boury Global Energy Consultants Ltd. ("BouryGEC") and an operations update. All reserves volume figures stated below are on a Working Interest...
2024-03-28 2:00 AM EDT
Arrow Announces CN-4 and CN-5 Results
Calgary, Alberta--(Newsfile Corp. - February 20, 2024) - 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 update on activity on the Tapir Block in the Llanos Basin of Colombia in which the Company has a 50% beneficial working interest.CN-4 WellThe CN-4 well was spud on January 17, 2024, and reached target depth on January 27, 2024. The well...
2024-02-20 2:00 AM EST
Arrow Announces Operations Update and PDMR Exercise of Options
Calgary, Alberta--(Newsfile Corp. - January 17, 2024) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to give an operations update and report the exercise of options by a Director and PDMR. Carrizales Norte UpdateThe Petroworks 1,500-horsepower rig has arrived at the Carrizales Norte (CN) field in the Tapir block and is currently being erected. Arrow expects the CN-4 well, targeting the Ubaque formation at...
2024-01-17 2:00 AM EST
Arrow Provides Operations Update and 2024 Guidance
Calgary, Alberta--(Newsfile Corp. - January 4, 2024) - 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 update on operations and provide guidance moving into 2024.CORPORATE & 2024 BUDGETThe Company exited 2023 with a production rate exceeding 3,200 boe/d net. Arrow's Board of Directors has approved the 2024 work program, which includes 15 wells and a $45 million net...
2024-01-04 2:00 AM EST
Arrow Announces Q3 2023 Interim Results
Calgary, Alberta--(Newsfile Corp. - November 29, 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, announces the filing of its Interim Condensed (unaudited) Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2023 which are available on SEDAR (www.sedar.com) and will also be available shortly on Arrow's website at www.arrowexploration.ca.Q3 2023 Highlights:Recorded $13.9...
2023-11-29 2:00 AM EST
Arrow Provides RCE-6 Update and Operations Update
Calgary, Alberta--(Newsfile Corp. - November 16, 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 update on the Rio Cravo Este-6 ("RCE-6") well on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50% beneficial interest, and the Oso Pardo-3 well on the Oso Pardo field in the Middle Magdalena Valley Basin of Colombia...
2023-11-16 2:00 AM EST
Arrow Announces Blocklisting Update
Calgary, Alberta--(Newsfile Corp. - November 2, 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 provides the following update in accordance with Schedule Six of the AIM Rules for Companies regarding its existing block listing arrangements.Name of companyArrow Exploration Corp.
2023-11-02 2:00 AM EDT
Arrow's Exercise of Warrants and Total Voting Rights
Calgary, Alberta--(Newsfile Corp. - October 25, 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, announces that pursuant to the receipt of notices for the exercise of warrants issued in October 2021, it has issued 2,333,026 new Common Shares of no par value ("Common Shares"). Of the 2,333,026 new Common Shares, 2,086,293 have been issued under the Company's block listing filed...
2023-10-25 1:00 AM EDT
CORRECTION FROM SOURCE: Arrow Announces Exercise of Warrants by Largest Shareholders and Management and Provides an Update On RCE-6
The following amendments have been made to the announcement headed "Exercise of Warrants and Operations Update" released on 18 October 2023 at 07:00 under RNS No 4503Q.In the paragraph headed "Tim Leslie Exercise" the following corrections have been made: Total holding is 17,012,245 Commons Shares and the corresponding percentage of current issued share capital of the Company is 6.0%.All other details remain unchanged. The full amended text is shown below.Calgary, Alberta--(Newsfile Corp. - October 18, 2023) - Arrow Exploration Corp....
2023-10-18 11:16 AM EDT
Arrow Announces Exercise of Warrants by Largest Shareholders and Management and Provides an Update on RCE-6
Calgary, Alberta--(Newsfile Corp. - October 18, 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 announce the exercise of warrants in exchange for Common Shares in the Company ("Common Shares") by its largest shareholders and management. The warrants were issued in conjunction with the Q4 2021 financing and had an exercise price of GBP 0.09 per Common Share. Canacol...
2023-10-18 2:00 AM EDT
Arrow Announces Grant of Stock Options and Total Voting Rights (TVR) Update
Calgary, Alberta--(Newsfile Corp. - September 29, 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 announce a stock options grant and to provide a TVR update.Stock Options GrantThe Company has granted 1,000,000 stock options ("Options") to Ian Langley (Director), pursuant to the Company's Stock Option Plan (the "Plan"). The Plan is intended to assist in attracting, retaining, engaging and rewarding...
2023-09-29 2:00 AM EDT
Arrow Announces AGM Voting Results
Calgary, Alberta--(Newsfile Corp. - September 21, 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 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...
2023-09-21 2:00 AM EDT
Arrow Provides CN-3 Production and Production Update
Calgary, Alberta--(Newsfile Corp. - September 18, 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 update on the Carrizales Norte-3 ("CN-3") well on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50% beneficial interest. CN-3The Company has completed the previously announced testing of the Carbonera C7 formation in the CN-3 well and the...
2023-09-18 2:00 AM EDT
Arrow Announces Maiden Carrizales Norte Reserves Corporate Economic 1P, 2P and 3P Reserves Doubled
Calgary, Alberta--(Newsfile Corp. - September 11, 2023) - 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 results of its maiden Carrizales Norte ("CN") reserves evaluation by Boury Global Energy Consultants Ltd. ("BouryGEC") as at August 31, 2023. All reserves volume figures stated below are solely at the discovery on the CN field on the Tapir Block in the Llanos Basin of Colombia...
2023-09-11 2:00 AM EDT