Arrow Exploration hits record production above 6,000 boe/d

Earnings
โดย Proactive Investors·COCA·Read original
Summary · why it matters

Arrow Exploration has achieved record corporate production surpassing 6,000 barrels of oil equivalent per day, the highest in company history, driven by recent drilling, workovers, and the Thorsby acquisition in Alberta. At the Tapir Block in Colombia, the Icaco-6 well encountered drilling complications and was converted into a water disposal well, which is expected to lower operating costs. The next well, IC-7, spud on September 1, targets multiple horizons including C7, Gacheta, and Ubaque formations. The company continues discussions with Colombian regulators on the Tapir Block extension and remains well capitalized with an estimated cash balance of US$21.8 million as of September 1, 2026, after the US$8.9 million Thorsby payment.

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Arrow Exploration Corp.
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Record production above 6,000 boe/d driven by drilling, workovers, and Thorsby acquisition.

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