Arrow Exploration Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- G. Marshall Abbott
- Full Time Employees
- 74,000
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 203, 2303 - 4th Street SW Calgary AB Canada T2S 2S7
- IPO Date
- Feb 22, 2010
- Website
- arrowexploration.ca
- Similar Companies
- Business
- Arrow Exploration Corp. (TSXV: AXL; AIM: AXL; OTC: CSTPF) operates as a junior oil and gas company focused on the acquisition, exploration, development, and production of petroleum properties principally in Colombia's Llanos Basin, Middle Magdalena Valley, and Putumayo Basin, with minor assets in Alberta, Western Canada. The company holds a 50% beneficial interest in the Tapir Block (operated by Petrolco S.A.), where it receives 50% of production pending formal assignment approval from Ecopetrol S.A.; 100% working interest in the Santa Isabel (Oso Pardo) field; 100% interest in select Alberta assets; and a 10% non-operated interest in the Ombu Block. Core activities center on light oil and natural gas extraction from reservoirs including Guadalupe, C7, Ubaque, and Gacheta formations, with key fields and wells such as Carrizales Norte (CN HZ series horizontals), Rio Ceibas Este (RCE HZ), Mateguafa Attic (M-5, M-6), Alberta Llanos (AB-1, AB HZ), Capella, and Oso Pardo; total net production exceeds 4,500 boe/d, predominantly from Colombia. Founded in 2018 and headquartered in Calgary, Alberta, Canada, Arrow targets underexploited assets with high working interests, Brent-linked pricing, low royalties of 8-14%, and robust infrastructure access via Caribbean export ports. Recent developments include the November 2025 announcement of successful M-5 exploration well results at Mateguafa Attic with thick Guadalupe pay zones and behind-pipe C7 potential, driving production exceeding expectations; October 2025 Mateguafa Oeste-1 results; September 2025 operational update on Tapir Block with over 4,800 boe/d net production from new RCE HZ10, CN HZ12/13, and AB3 wells; Q2 2025 interim results reflecting strong cash position and no debt; ongoing low-risk drilling at Carrizales Norte Ubaque and horizontal developments; water disposal capacity expansion to over 130,000 bbls/d; a Normal Course Issuer Bid; and updated 2024 year-end reserves confirming growth in Colombia-focused inventory.
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Arrow Exploration adds production as Icaco-2 well comes online
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