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Arrow Exploration's Icaco 1 well in Colombia starts production, boosting output to 5,100 boe/day.

Market News
26 May 2026
Proactive Investors
View Source
Bullish
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Arrow Exploration Corp has begun production at its Icaco 1 exploration well in Colombia's Tapir Block, achieving multiple hydrocarbon-bearing zones. The well, drilled under budget and on schedule, produces about 735 barrels of oil per day gross initially, contributing to a total corporate output of around 5,100 barrels of oil equivalent per day. Management views Icaco 1 as a significant discovery and has started drilling Icaco 2 to better define the reservoir. Further appraisal and development, including potential horizontal drilling, are planned through the third quarter if results remain positive.

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