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Arrow Exploration's production tops 5,000 barrels per day after new wells start in Colombia

Market News
07 Aug 2026
Proactive Investors
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Bullish
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Arrow Exploration Corp's gross production has exceeded 5,000 barrels of oil equivalent per day following the start of three new wells on the Tapir Block in Colombia. The IC-HZ5 well is the top contributor, producing 1,270 barrels daily gross, while other wells also add to output despite some challenges like water reducing production at IC-HZ4. Arrow holds a 50% interest in Tapir, is debt-free, and has $27.5 million cash, with plans for further drilling to boost production.

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