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GOLD 4150.00 +0.2% SILVER 57.71 −0.5% COPPER 6.58 −0.4% OIL 97.15 −0.7% PALLADIUM 1092.00 −1.2% AXO 1.00 +0.0% AORO 0.015 +50.0% ARIS 23.92 −0.3% IMG 25.00 +0.1% DEX 0.340 −6.8% MMX 0.045 −10.0% DSV 11.35 +1.1% LITH 0.280 +0.0% TECK 88.14 −2.6% ARU 0.230 +2.2% RCK 0.640 +0.0% ZFR 0.070 +27.3% SGZ 0.040 +0.0% GIG 0.500 +0.0% SMD 0.280 +0.0% GOLD 4150.00 +0.2% SILVER 57.71 −0.5% COPPER 6.58 −0.4% OIL 97.15 −0.7% PALLADIUM 1092.00 −1.2% AXO 1.00 +0.0% AORO 0.015 +50.0% ARIS 23.92 −0.3% IMG 25.00 +0.1% DEX 0.340 −6.8% MMX 0.045 −10.0% DSV 11.35 +1.1% LITH 0.280 +0.0% TECK 88.14 −2.6% ARU 0.230 +2.2% RCK 0.640 +0.0% ZFR 0.070 +27.3% SGZ 0.040 +0.0% GIG 0.500 +0.0% SMD 0.280 +0.0%
Production / Operations

Arrow Announces Q3 2025 Interim Results

By The Northwire Desk — AI Analysis Nov 27, 2025 · 02:01 AXL · 0.225 Arrow Exploration Corp.
AXL · Price

Executive Summary

  • Arrow Exploration filed its unaudited Q3 2025 interim consolidated financial statements and MD&A, reporting net income of $3.09 M for the quarter and a cash balance of $6.37 M (up to $8.2 M after month‑end).
  • Production increased to an average 4,214 boe/d, with oil operating netbacks of $38.21/bbl and total revenue of $18.5 M (net of royalties).
  • The company drilled two development wells in Carrizales Norte, an exploration well in Mateguafa Oeste, and spudded the M‑HZ7 horizontal well; further drilling is planned for Q1 2026 at Icaco.

Key Details

  • Financial Highlights (Q3 2025)
  • Total oil & gas revenue: $18,543,974
  • Funds flow from operations: $9,374,301
  • Net income: $3,089,684 (basic $0.01/share)
  • Adjusted EBITDA: $10,843,377
  • Capital expenditures: $9,287,571 (primarily drilling & infrastructure)

  • Cash & cash equivalents at quarter‑end: $6,370,539; cash balance on Nov 1 2025: US$8.2 M

  • Production Metrics

  • Average corporate production: 4,214 boe/d (Q3 2024: 4,124 boe/d)
  • Crude oil: 3,990 bbl/d; Natural gas: 1,306 Mcf/d

  • Oil operating netback: $38.21/bbl (down from $52.00 in Q3 2024)

  • Drilling & Development Activity

  • Q3 2025: Drilled two development wells in Carrizales Norte (Tapir block) and one exploration well in Mateguafa Oeste.
  • Post‑period: Completed M‑5 and M‑6 wells at Mateguafa Attic; spudded horizontal well M‑HZ7 (expected production start mid‑Dec 2025).

  • Upcoming: Additional well at Mateguafa Attic and civil works for first Icaco exploration well slated for Q1 2026.

  • Strategic & Regulatory Updates

  • Ongoing discussions with authorities to extend the Tapir block; Arrow believes all extension requirements have been met.

  • Negotiations underway to terminate obligations on the suspended COR‑39 Block license (inactive since Nov 2017).

  • Operating Results Commentary

  • Production growth driven by new wells in Alberta Llanos and Rio Cravo Este fields.
  • Operating netbacks pressured by higher water production and lower commodity prices; however, cash flow remains robust.

Notable Quotes

“The third quarter of 2025 has been very busy for Arrow… The Mateguafa Attic discovery could become a major production platform and have a material impact on the Company…” – Marshall Abbott, CEO

“We continue to work with regulatory authorities on the Tapir block extension; discussions are progressing positively.” – Marshall Abbott, CEO

Read the original news release →

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