Arrow Exploration Corp (TSE:AXL) has released an update.
Arrow Exploration Corp has announced promising results from its fifth Ubaque horizontal well, CNB HZ-6, in Colombia, now producing over 1,900 barrels of oil per day. The company has also enhanced its water disposal infrastructure, which is expected to boost production rates and reduce costs. With a strong cash position and no debt, Arrow plans to expand drilling operations throughout 2025.
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