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Arrow Exploration Corp ( (TSE:AXL) ) just unveiled an announcement.
Arrow Exploration Corp. announced that Ravi Sharma, a Non-Executive Director and COO of Canacol Energy Ltd, is involved in Canacol’s recent move to seek creditor protection under the Companies’ Creditors Arrangement Act. This development may have implications for Arrow’s governance and its strategic partnerships, as it navigates its operations in the oil industry.
More about Arrow Exploration Corp
Arrow Exploration Corp. is a publicly traded company operating primarily in Colombia through its wholly-owned subsidiary, Arrow Exploration Switzerland GmbH. The company focuses on expanding oil production from Colombia’s active basins, including the Llanos, Middle Magdalena Valley, and Putumayo Basin. With high working interests and Brent-linked light oil pricing, Arrow aims to achieve attractive operating margins. The company is listed on the AIM market of the London Stock Exchange and the TSX Venture Exchange under the symbol ‘AXL’.
For an in-depth examination of AXL stock, go to TipRanks’ Overview page.