Arrow Exploration Corp reported a 110% increase in proved oil reserves to 11.4 million barrels of oil equivalent, driven by discoveries in Colombia's Icaco field and new assets in Canada's Thorsby area. Proved plus probable reserves rose 82% to 21.4 million barrels, with total possible reserves up 71% to 34.4 million barrels. The company’s production exceeds 6,000 barrels per day and plans further development with additional wells at Icaco. Discussions are ongoing to extend the Tapir block license beyond its 2028 expiry, which could further impact reserve estimates and production growth.
Arrow Exploration's reserve growth is notable context for energy markets. For readers following energy stocks, here is Pluang's market snapshot as of Sep 17, 2026 21:41 WIB: among 30 priced Energy-sector US stocks, 15 rose and 15 fell. Williams Companies Inc (WMB) traded at USD 71.46 with 100% sell orders, while Ecopetrol SA (EC) saw 88% buy orders at USD 17.34.
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BlackRock, Inc. disclosed that its shareholding in Fagron NV dropped below the 3% threshold to 2.96% after selling some voting securities, despite acquiring equivalent financial instruments. As of October 12, 2026, BlackRock holds 2,015,779 voting ri...
