Arrow Exploration Corp (TSE:AXL) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.
For further insights into TSE:AXL stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue