Arrow Exploration Corp.

Watch our latest Market One Investor Update video with CEO Marshall Abbott discussing #Arrow’s recent success from the first Ubaque horizontal well at the CNB pad! Watch the full video here 👇

🌟 We are thrilled to share our featured article on BNN Bloomberg! Our CEO, Marshall Abbott, dives into our success with horizontal drilling in the Llanos Basin and our 2025 growth plans, including a US$50M CAPEX program to drill 23 wells and double production to 10,000 BOE/D in the next 2-3 years. ➡️ Read the full article to learn how we are uniquely positioned for long-term growth: https://bit.ly/3DodvG5

Arrow has successfully reached target depth at the AB-1 exploration well on the Tapir Block, targeting a large, three-way fault-bounded structure with multiple high-quality reservoir objectives. According to initial log interpretation, the well encountered four main hydrocarbon bearing reservoirs with a total true vertical depth value of 121 feet, including the C7, Gacheta, Guadalupe, and Ubaque, and intends to start production testing shortly. ➡️ Find out more: https://bit.ly/4gmULW0

Included in Arrow Exploration’s 2024 ESG Report is our long-term commitment to social sustainability and corporate citizenship. Here's how we prioritize employee development, stakeholder engagement, and community involvement for everyone's benefit: https://bit.ly/3BdvSgs

Arrow Exploration’s 2024 ESG Report emphasizes four key environmental pillars: land preservation, biodiversity conservation, water management, and waste reduction. Explore how we're committed to protecting ecosystems and ensuring responsible resource use: https://bit.ly/3BdvSgs

Arrow Exploration's 2024 ESG report includes a Q&A section with CEO and Director, Marshall Abbott. The Q&A addresses how we support communities, manage ESG risks, and set future goals for improvement. Take a look at his answers and our approach to ESG: https://bit.ly/3BdvSgs

Arrow Exploration is proud to release our 2024 ESG Report, showcasing our commitment to sustainability, responsible operations and creating a positive impact in the regions in which we operate. See how our dedication to ESG principles is driving long-term value for stakeholders: https://bit.ly/3BdvSgs

💬 We are pleased to note Malcolm Graham-Wood‘s commentary on Arrow’s Q3 results. ➡️ Read the full blog post here: https://bit.ly/3OuZfO3

Arrow is pleased to announce the strongest quarter in our history for production, revenue, EBITDA, and cash flow. Q3 2024 Highlights: ✅ $21.3M in revenue (+53% from Q323) ✅ $15.9M adjusted EBITDA (+62% from Q323) ✅ Average production: 4,124 boe/d (+64% from Q323) ✅ Strong cash position: $16.5M, with no debt Operational Update: ➡️ The sixth horizontal well at Carrizales North (CNB HZ-7) is now on production ➡️ Our rig is mobilizing to drill at the Alberta Llanos prospect, targeting multi-zone potential Looking Ahead to 2025: With plans to drill up to 23 wells with two rigs and a $50M capital budget, we’re focused on continued production growth and low-risk exploration. Read the full Q3 2024 report and operational update: https://bit.ly/49dcwEL

Arrow is pleased to share some key developments from the field and our ongoing work program in Colombia! Here’s what we’ve been up to: 🔹 Our fifth horizontal well, CNB HZ-6, is now on production and performing above expectations. 🔹 The CNB pad's new water disposal facility has been up and running since early November, driving future production growth and reducing reliance on trucking. 🔹 With a cash position over $18M and no debt, we are in a strong financial position and continue to focus on executing our extensive work program in Colombia. 🔹 What’s Next for 2024? Our focus is on completion of the sixth horizontal well in our program, CNB HZ-7, which was spud in September. The rig is now moving to drill the Alberta Llanos prospect (formerly known as Baquiano-1). Read the full release for more information: https://bit.ly/3Z0Beod