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.HighlightsProduction 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 portfolio868 boe/d gas production from Canadian portfolioOrganic growth opportunities advancing, with the RCE-2 well on the...
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, engaging and rewarding directors, officers, employees and consultants of the...
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 production from the West Pepper...
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 HIGHLIGHTSFinancial and operating highlights for quarter include the following:
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 via the Investor Meet Company dashboard...
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 common shares of...
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 Document in connection with the admission of the enlarged...
2021-10-20 7:00 AM EDT
Arrow Exploration Announces Second Quarter 2021 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - August 30, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to announce the filing of its unaudited Financial Statements and MD&A for the quarter-ended June 30th, 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 for the quarter include the following:FINANCIAL AND OPERATING HIGHLIGHTS
2021-08-30 8:00 AM EDT
Arrow Exploration Announces Planned Tie-In of West Pepper Well, Alberta and an Update on the AIM Listing and Offering Process
Calgary, Alberta--(Newsfile Corp. - August 11, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") announces that it intends to tie-in the 3-26 well located at West Pepper, Alberta, and provides an update on the previously announced AIM listing and offering process.Tie-in of West Pepper Well, AlbertaArrow is pleased to announce that it has begun the process to tie-in the behind-pipe natural gas from the 03-26-52-23W5 exploration well (the "3-26 Well") located at West Pepper, Alberta. As referenced...
2021-08-11 4:30 PM EDT
Arrow Exploration Announces Research Analyst Coverage and Update on Production
Calgary, Alberta--(Newsfile Corp. - July 5, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to announce that Arden Partners Plc ("Arden") and Auctus Advisors LLP ("Auctus"), both London, UK-based stockbrokers, have initiated equity research analyst coverage on Arrow.Research Analyst CoverageThe Arden initiation research report on Arrow, dated July 5th, 2021, was written by Daniel Slater. The report is available from Arden through contacting the firm at its website located at www.arden-partners.com. The Auctus initiation research...
2021-07-05 4:30 PM EDT
Arrow Exploration Announces Update on AIM Listing and Financing Process
Calgary, Alberta--(Newsfile Corp. - July 2, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to provide an update on its previously announced AIM listing and financing process (please also refer to the Company's press release of May 25th, 2021).As previously announced, the Company intends to seek a dual listing through an admission of its common shares to trading on the AIM market ("AIM") of the London Stock Exchange ("Admission"). The Company intends to concurrently pursue...
2021-07-02 4:30 PM EDT
Arrow Exploration Announces Re-Start of Production from the Morsa-1 Well, Re-Start of Production at the Capella Field, and a Corporate Production Update
Calgary, Alberta--(Newsfile Corp. - June 24, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to announce the re-start of oil production from the Morsa-1 well ("Morsa-1") at the Oso Pardo Field, the re-start of oil production at the Capella Field, and a corporate production update.Re-Start of Morsa-1 Well (Arrow 100% W.I.)Following the completion of a PCP pump change early during the week of June 21st, 2021, Arrow re-started production from the Morsa-1 well at the...
2021-06-24 8:30 AM EDT
Arrow Exploration Announces Proxy Tabulation and Shareholder Meeting Results
Calgary, Alberta--(Newsfile Corp. - June 3, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to report the proxy tabulation ("Tabulation") from Computershare Trust in connection with it its Annual General and Special Meeting held virtually on June 3rd, 2021 (the "Meeting"), as well as results from the Meeting.The Tabulation is the final sum of the voting results of the Meeting and is the result of all the properly submitted proxies by shareholders in advance of...
2021-06-03 5:00 PM EDT
Arrow Exploration Announces First Quarter 2021 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - May 27, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to announce the filing of its unaudited Financial Statements and MD&A for the quarter-ended March 31st, 2021, which are available on SEDAR (www.sedar.com). The financial and operating highlights for the quarter include the following:FINANCIAL AND OPERATING HIGHLIGHTS(in United States dollars, except as otherwise noted)
2021-05-27 5:00 PM EDT
Arrow Exploration Announces Intention to List on AIM Market, an Update on Cost Savings Achieved, Amendments to Canacol Promissory Note, and Comments on Developments in Colombia
Calgary, Alberta--(Newsfile Corp. - May 25, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to provide an update to shareholders on several key corporate developments, as well as an update on recent developments in Colombia.Intention to List on AIM MarketThe Company announces its intention to seek a dual listing through an admission of its common shares to trading on the AIM market of the London Stock Exchange ("Admission"). The Company intends to concurrently pursue a...
2021-05-25 8:00 AM EDT
Arrow Exploration Announces Filing of 2020 Year-End Audited Financial Statements, MD&A, and Reserve Report
Calgary, Alberta--(Newsfile Corp. - April 27, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to announce the filing of its 2020 year-end audited Financial Statements and MD&A, and the filing of its 2020 year-end reserve report, all of which are available on SEDAR (www.sedar.com).FINANCIAL AND OPERATING HIGHLIGHTS(in United States dollars, except as otherwise noted)
2021-04-27 4:30 PM EDT
Arrow Exploration Announces Potential for Production from West Pepper Well, Alberta
Calgary, Alberta--(Newsfile Corp. - April 7, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to provide an update with respect to the potential for natural gas production from the Company's 03-26-52-23W5 well located at West Pepper, Alberta.Potential for Production from West Pepper Well, AlbertaArrow is evaluating the potential for the tie-in of behind-pipe natural gas from the 03-26-52-23W5 exploration well (the "3-26 Well") located at West Pepper, Alberta during Q3 2021. The Company expects to...
2021-04-07 5:15 PM EDT
Arrow Exploration Announces Re-Start of Production at Capella Field and Update on Corporate Production
Calgary, Alberta--(Newsfile Corp. - March 31, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company")is pleased to provide an update with respect to the re-start of oil production at the Capella Field, located in the Caguan-Putumayo Basin, Colombia, and an update on corporate production.Re-Start of Production at Capella FieldArrow, through its wholly-owned subsidiary Carrao Energy S.A. ("Carrao Energy"), holds a 10% working interest in the Ombu Block, which contains the Capella Field ("Capella"). Capella is located within a...
2021-03-31 6:56 AM EDT
Arrow Exploration Announces Summary of 2020 Year-End Reserves Evaluation
Calgary, Alberta--(Newsfile Corp. - March 15, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") is pleased to announce a summary of its year-end reserve report (the "Reserve Evaluation Report") for the year ended December 31st, 2020. The Company expects to file the Reserve Evaluation Report on SEDAR concurrently with the filing of its 2020 year-end Financial Statements and Management Discussion & Analysis.HighlightsThe Company's Reserve Evaluation Report for the year ended December 31st, 2020 has been prepared by...
2021-03-15 7:00 AM EDT
ARROW Exploration Announces Management Changes
Calgary, Alberta--(Newsfile Corp. - February 18, 2021) - ARROW Exploration Corp. (TSXV: AXL) ("Arrow" or the "Company") announces that effective February 16th, 2021, it has appointed Mr. Bob Petryk as the Company's Manager of Operations.Mr. Petryk has been with the Company since its formation and has been a key contributor to Arrow's successful drilling program in Colombia. Bob has also led the Company's annual reserve review and compilation process, together with Arrow's independent reserve engineers. Mr. Petryk is a professional...
2021-02-18 4:45 PM EST