Arrow Exploration Corp (TSE:AXL) has released an update.
Arrow Exploration Corp. reported that its Executive Chairman, Gage Jull, and CFO, Joe McFarlane, have both transferred a substantial quantity of common shares into joint accounts with their spouses for estate planning, with no changes in their beneficial interest in the company. The company, known for its significant Colombian oil assets and a strategy to boost production in active basins, sees this as a non-impactful event for its operations. Arrow Exploration maintains its business focus on expanding oil production and strengthening operating margins in the Colombian market.
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