Arrow Exploration Corp.
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ROIC.AI
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- Arrow Exploration Corp. (TSXV: AXL, AIM: AXL) is a Calgary-based junior oil and gas company engaged in the acquisition, exploration, development, and production of petroleum and natural gas properties primarily in Colombia's Llanos Basin, Middle Magdalena Valley, and Caguan/Putumayo Basin, as well as select assets in Western Canada; it operates key fields including Rio Cravo Este, Carrizales Norte, Alberta Llanos, and Oso Pardo in Colombia through its subsidiary Arrow Exploration Switzerland GmbH (formerly Carrao Energy S.A.) with a 50% working interest in the 65,125 gross acre Tapir Block (operated de facto via partnership with Petrolco), 100% interest in the 672-acre Oso Pardo and 95,111-acre COR-39 blocks, and 10% non-operated interest in the 56,482-acre Ombu Block featuring the suspended Capella heavy oil field, alongside Canadian holdings such as 100% operated interests in Pepper, Ante Creek, and KEHO, and non-operated stakes in Fir, Penhold, and Wapiti yielding natural gas and liquids production. The company targets multi-zone reservoirs including Carbonera C7, Guadalupe, Ubaque, Gacheta, and Umir formations, producing light crude (13-30 degrees API), raw natural gas, and minor NGLs sold primarily under offtake agreements benchmarked to Brent with prepayment provisions; average Q3 2025 output reached 4,214 boe/d (3,990 bbl/d oil, 1,306 Mcf/d gas) across five Colombian zones and Canadian gas wells, supported by extensive infrastructure like 26.6 km of roads, five well pads, water disposal systems, and over 215 km² of 3D seismic. Founded in 2018 and headquartered at 203, 2303 - 4th Street SW, Calgary, Alberta T2S 2S7, Arrow maintains a debt-free balance sheet with $6.4 million cash as of September 30, 2025, funds flow from operations of $9.4 million in Q3 2025, and adjusted EBITDA of $10.8 million; recent developments include a May 2025 two-year $20 million (reducing to $15 million) crude prepayment facility with an integrated energy major serving as exclusive marketer at SOFR +4-5% interest (undrawn), a June 2025 share buyback program for up to 14.3 million shares ($3.6 million), horizontal drilling campaigns at Carrizales Norte (10 wells averaging >1,500 bbl/d net initial rates) and Alberta Llanos discoveries, 2025 exploration at Mateguafa Oeste/Attic, Icaco, and Capullo prospects, a $50 million capex budget emphasizing growth drilling and seismic, operator contract with Petrolco and Ecopetrol recognition on Tapir (contract expiry February 2028 with extension potential), water injector conversions, and Q3 2025 production up 12% quarter-over-quarter despite lower Brent prices.
Company News
Arrow Exploration hits record production thanks to latest wells
Arrow Announces Record Production and IC-8, IC-7 Well Results
Arrow Exploration CEO outlines Colombia growth plan, drilling and M&A - One2One Investor Forum
Arrow Announces Exercise of Stock Options
CORRECTION FROM SOURCE: Arrow Announces AGM Voting Results and Engaging Market Making Services
Arrow Announces AGM Voting Results
Arrow Exploration Corp. (AXL:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Arrow Exploration says its reserves have more than doubled
Arrow Exploration says its reserves have more than doubled
Arrow Provides Operational and Mid Year 2026 Reserves Update
Arrow Exploration points to record production rate, IC-6 well was repurposed
Arrow Announces Record Production and IC-6 Well Results
Arrow Exploration says it's had its “best quarter yet"
Arrow Exploration Corp says it's had its “best quarter yet"
Arrow Announces Q2 2026 Interim Results
Arrow Announces Filing of AGM Materials
Reddit set for indexation boost, due on S&P 500 later this month
Arrow Exploration buys into Canada with $8.9 million Alberta oil deal
Arrow Announces Alberta Property Acquisition
Arrow Exploration production now exceeds 5,000 barrels a day as well roll-out continues